IMA Advisory Services Inc. increased its holdings in iShares High Yield Systematic Bond ETF (BATS:HYDB – Free Report) by 5.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 294,840 shares of the company’s stock after buying an additional 16,189 shares during the quarter. iShares High Yield Systematic Bond ETF comprises approximately 1.3% of IMA Advisory Services Inc.’s investment portfolio, making the stock its 15th largest holding. IMA Advisory Services Inc.’s holdings in iShares High Yield Systematic Bond ETF were worth $13,961,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northland Securities Inc. acquired a new position in iShares High Yield Systematic Bond ETF in the 4th quarter worth approximately $236,000. Flagship Harbor Advisors LLC acquired a new position in iShares High Yield Systematic Bond ETF in the 4th quarter worth approximately $268,000. NBT Bank N A NY increased its holdings in iShares High Yield Systematic Bond ETF by 10.0% in the 4th quarter. NBT Bank N A NY now owns 10,660 shares of the company’s stock worth $505,000 after buying an additional 965 shares during the period. Farther Finance Advisors LLC increased its holdings in iShares High Yield Systematic Bond ETF by 178.1% in the 4th quarter. Farther Finance Advisors LLC now owns 15,149 shares of the company’s stock worth $717,000 after buying an additional 9,701 shares during the period. Finally, Royal Bank of Canada increased its holdings in iShares High Yield Systematic Bond ETF by 27.9% in the 1st quarter. Royal Bank of Canada now owns 23,331 shares of the company’s stock worth $1,099,000 after buying an additional 5,084 shares during the period.
iShares High Yield Systematic Bond ETF Stock Performance
Shares of BATS:HYDB opened at $46.47 on Monday. iShares High Yield Systematic Bond ETF has a twelve month low of $45.96 and a twelve month high of $47.99. The company’s 50 day moving average is $46.77 and its 200 day moving average is $47.12.
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.
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