iShares High Yield Systematic Bond ETF (BATS:HYDB – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $44.40 and last traded at $44.50, with a volume of 7,894 shares trading hands. The stock had previously closed at $44.51.
iShares High Yield Systematic Bond ETF Stock Performance
The business has a 50-day moving average price of $45.77 and a 200 day moving average price of $46.36.
Institutional Investors Weigh In On iShares High Yield Systematic Bond ETF
Several large investors have recently added to or reduced their stakes in the company. Adirondack Trust Co. purchased a new position in shares of iShares High Yield Systematic Bond ETF in the third quarter worth about $73,000. CX Institutional bought a new stake in shares of iShares High Yield Systematic Bond ETF in the third quarter valued at approximately $86,910,000. GoalVest Advisory LLC purchased a new stake in shares of iShares High Yield Systematic Bond ETF during the 3rd quarter valued at approximately $61,000. Confluence Investment Management LLC purchased a new stake in shares of iShares High Yield Systematic Bond ETF during the 3rd quarter valued at approximately $96,778,000. Finally, Atomic Invest LLC lifted its stake in shares of iShares High Yield Systematic Bond ETF by 136.4% during the 2nd quarter. Atomic Invest LLC now owns 21,359 shares of the company’s stock valued at $999,000 after buying an additional 12,322 shares in the last quarter.
About iShares High Yield Systematic Bond ETF
The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.
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