iShares High Yield Systematic Bond ETF (BATS:HYDB) Shares Up 1% – What’s Next?

iShares High Yield Systematic Bond ETF (BATS:HYDBGet Free Report) traded up 1% during mid-day trading on Tuesday . The company traded as high as $47.3050 and last traded at $47.3950. 162,202 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 285,101 shares. The stock had previously closed at $46.91.

iShares High Yield Systematic Bond ETF Trading Up 1.0%

The business’s fifty day moving average is $47.33 and its 200 day moving average is $47.38.

Institutional Investors Weigh In On iShares High Yield Systematic Bond ETF

Institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. lifted its stake in shares of iShares High Yield Systematic Bond ETF by 24.2% in the 1st quarter. Raymond James Financial Inc. now owns 105,987 shares of the company’s stock worth $4,991,000 after acquiring an additional 20,677 shares during the period. Comerica Bank increased its position in iShares High Yield Systematic Bond ETF by 10.9% during the first quarter. Comerica Bank now owns 5,593 shares of the company’s stock worth $263,000 after buying an additional 550 shares during the last quarter. Royal Bank of Canada raised its position in shares of iShares High Yield Systematic Bond ETF by 27.9% in 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 during the period. Capital Investment Counsel LLC lifted its position in shares of iShares High Yield Systematic Bond ETF by 16.6% during the 1st quarter. Capital Investment Counsel LLC now owns 291,149 shares of the company’s stock worth $13,710,000 after purchasing an additional 41,414 shares during the last quarter. Finally, Copperleaf Capital LLC bought a new stake in shares of iShares High Yield Systematic Bond ETF in the first quarter valued at approximately $427,000.

iShares High Yield Systematic Bond ETF Company Profile

(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.

See Also

Receive News & Ratings for iShares High Yield Systematic Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares High Yield Systematic Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.