Fedenia Advisers LLC Has $563,000 Position in iShares High Yield Systematic Bond ETF (BATS:HYDB)

Fedenia Advisers LLC trimmed its stake in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) by 1.8% in the first quarter, Holdings Channel.com reports. The firm owned 11,949 shares of the company’s stock after selling 222 shares during the quarter. Fedenia Advisers LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $563,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HYDB. Bank of New York Mellon Corp lifted its stake in shares of iShares High Yield Systematic Bond ETF by 1,022.7% in the 4th quarter. Bank of New York Mellon Corp now owns 110,878 shares of the company’s stock valued at $5,212,000 after acquiring an additional 101,002 shares during the last quarter. US Bancorp DE increased its holdings in iShares High Yield Systematic Bond ETF by 314.1% in the 4th quarter. US Bancorp DE now owns 39,490 shares of the company’s stock worth $1,856,000 after purchasing an additional 29,953 shares in the last quarter. Meridian Wealth Management LLC raised its position in iShares High Yield Systematic Bond ETF by 7.2% in the fourth quarter. Meridian Wealth Management LLC now owns 6,461 shares of the company’s stock valued at $304,000 after purchasing an additional 432 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of iShares High Yield Systematic Bond ETF by 472.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,290 shares of the company’s stock valued at $390,000 after purchasing an additional 6,843 shares in the last quarter. Finally, TSA Wealth Managment LLC bought a new stake in shares of iShares High Yield Systematic Bond ETF during the fourth quarter worth about $1,162,000.

iShares High Yield Systematic Bond ETF Stock Up 0.6%

iShares High Yield Systematic Bond ETF stock opened at $47.20 on Wednesday. The business has a 50 day moving average of $46.68 and a 200-day moving average of $46.86. iShares High Yield Systematic Bond ETF has a 1 year low of $44.04 and a 1 year high of $48.10.

iShares High Yield Systematic Bond ETF Company Profile

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.