iShares High Yield Systematic Bond ETF (BATS:HYDB) Shares Down 0.1% – What’s Next?

Shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) traded down 0.1% on Friday . The stock traded as low as $46.47 and last traded at $46.50. 109,282 shares were traded during mid-day trading, a decline of 55% from the average session volume of 242,549 shares. The stock had previously closed at $46.53.

iShares High Yield Systematic Bond ETF Price Performance

The business’s 50 day moving average is $46.53 and its two-hundred day moving average is $46.81.

Institutional Trading of iShares High Yield Systematic Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in HYDB. NBT Bank N A NY grew its position in iShares High Yield Systematic Bond ETF by 13.3% in the first quarter. NBT Bank N A NY now owns 12,080 shares of the company’s stock worth $562,000 after acquiring an additional 1,420 shares in the last quarter. First Citizens Asset Management Inc. bought a new position in iShares High Yield Systematic Bond ETF in the first quarter valued at $636,000. Farther Finance Advisors LLC raised its position in iShares High Yield Systematic Bond ETF by 178.1% during the fourth quarter. Farther Finance Advisors LLC now owns 15,149 shares of the company’s stock valued at $717,000 after purchasing an additional 9,701 shares in the last quarter. Arkadios Wealth Advisors raised its position in iShares High Yield Systematic Bond ETF by 4.0% during the fourth quarter. Arkadios Wealth Advisors now owns 20,814 shares of the company’s stock valued at $986,000 after purchasing an additional 791 shares in the last quarter. Finally, Royal Bank of Canada raised its position in iShares High Yield Systematic Bond ETF by 27.9% during the first quarter. Royal Bank of Canada now owns 23,331 shares of the company’s stock valued at $1,099,000 after purchasing an additional 5,084 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.