iShares High Yield Systematic Bond ETF $HYDB Shares Sold by Bay Harbor Wealth Management LLC

Bay Harbor Wealth Management LLC lessened its holdings in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) by 61.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,358 shares of the company’s stock after selling 3,760 shares during the quarter. Bay Harbor Wealth Management LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $112,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in HYDB. NBC Securities Inc. boosted its position in iShares High Yield Systematic Bond ETF by 113,300.0% during the 1st quarter. NBC Securities Inc. now owns 1,134 shares of the company’s stock worth $53,000 after acquiring an additional 1,133 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of iShares High Yield Systematic Bond ETF by 2.3% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 21,958 shares of the company’s stock valued at $1,034,000 after buying an additional 496 shares during the period. Breakwater Capital Group acquired a new stake in shares of iShares High Yield Systematic Bond ETF in the first quarter valued at $330,000. Cranbrook Wealth Management LLC lifted its holdings in shares of iShares High Yield Systematic Bond ETF by 88.1% in the first quarter. Cranbrook Wealth Management LLC now owns 7,586 shares of the company’s stock valued at $357,000 after buying an additional 3,552 shares during the period. Finally, Buttonwood Financial Group LLC lifted its holdings in shares of iShares High Yield Systematic Bond ETF by 6.5% in the first quarter. Buttonwood Financial Group LLC now owns 7,577 shares of the company’s stock valued at $341,000 after buying an additional 463 shares during the period.

iShares High Yield Systematic Bond ETF Stock Performance

Shares of iShares High Yield Systematic Bond ETF stock opened at $47.55 on Friday. The business has a fifty day simple moving average of $47.55 and a 200-day simple moving average of $46.94. iShares High Yield Systematic Bond ETF has a fifty-two week low of $44.04 and a fifty-two week high of $48.10.

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.