SVB Wealth LLC Purchases Shares of 54,640 iShares High Yield Systematic Bond ETF $HYDB

SVB Wealth LLC purchased a new position in iShares High Yield Systematic Bond ETF (BATS:HYDB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 54,640 shares of the company’s stock, valued at approximately $2,556,000.

A number of other large investors have also modified their holdings of HYDB. Continuum Advisory LLC acquired a new position in shares of iShares High Yield Systematic Bond ETF during the second quarter valued at about $121,000. Atlantic Private Wealth LLC purchased a new stake in iShares High Yield Systematic Bond ETF during the 2nd quarter worth approximately $126,000. DMC Group LLC purchased a new stake in iShares High Yield Systematic Bond ETF during the 2nd quarter worth approximately $270,000. Operose Advisors LLC acquired a new position in shares of iShares High Yield Systematic Bond ETF in the 2nd quarter valued at $365,000. Finally, NBT Bank N A NY raised its stake in shares of 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 purchasing an additional 1,420 shares during the last quarter.

iShares High Yield Systematic Bond ETF Price Performance

HYDB opened at $46.23 on Wednesday. iShares High Yield Systematic Bond ETF has a 12-month low of $45.96 and a 12-month high of $47.99. The firm has a 50 day moving average of $46.43 and a two-hundred day moving average of $46.68.

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.