iShares High Yield Systematic Bond ETF (BATS:HYDB) Reaches New 1-Year Low – Here’s What Happened

Shares of iShares High Yield Systematic Bond ETF (BATS:HYDBGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as $45.94 and last traded at $45.9350, with a volume of 88212 shares traded. The stock had previously closed at $46.13.

iShares High Yield Systematic Bond ETF Stock Performance

The stock has a 50 day moving average price of $46.43 and a 200 day moving average price of $46.67.

Institutional Investors Weigh In On iShares High Yield Systematic Bond ETF

Several large investors have recently modified their holdings of HYDB. United Capital Financial Advisors LLC raised its stake in iShares High Yield Systematic Bond ETF by 1.1% during the third quarter. United Capital Financial Advisors LLC now owns 49,891 shares of the company’s stock worth $2,387,000 after buying an additional 562 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of iShares High Yield Systematic Bond ETF by 4.0% during the 4th quarter. Arkadios Wealth Advisors now owns 20,814 shares of the company’s stock worth $986,000 after buying an additional 791 shares in the last quarter. Continuum Advisory LLC bought a new position in shares of iShares High Yield Systematic Bond ETF during the 2nd quarter worth approximately $121,000. NBT Bank N A NY grew its position in shares of iShares High Yield Systematic Bond ETF by 13.3% during the 1st quarter. NBT Bank N A NY now owns 12,080 shares of the company’s stock worth $562,000 after buying an additional 1,420 shares during the period. Finally, Tidemark LLC grew its position in shares of iShares High Yield Systematic Bond ETF by 9.8% during the 4th quarter. Tidemark LLC now owns 26,395 shares of the company’s stock worth $1,250,000 after buying an additional 2,353 shares during the period.

About iShares High Yield Systematic Bond ETF

(Get Free Report)

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.

Further Reading

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