SVB Wealth LLC Takes Position in iShares High Yield Systematic Bond ETF $HYDB

SVB Wealth LLC acquired a new position in iShares High Yield Systematic Bond ETF (BATS:HYDB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 54,640 shares of the company’s stock, valued at approximately $2,556,000. SVB Wealth LLC owned approximately 0.17% of iShares High Yield Systematic Bond ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of HYDB. Continuum Advisory LLC bought a new position in shares of iShares High Yield Systematic Bond ETF in the 2nd quarter worth $121,000. Atlantic Private Wealth LLC bought a new position in iShares High Yield Systematic Bond ETF in the second quarter worth about $126,000. DMC Group LLC bought a new position in iShares High Yield Systematic Bond ETF in the second quarter worth about $270,000. Operose Advisors LLC purchased a new stake in shares of iShares High Yield Systematic Bond ETF during the second quarter valued at about $365,000. Finally, NBT Bank N A NY lifted its position in shares of iShares High Yield Systematic Bond ETF by 13.3% during the first quarter. NBT Bank N A NY now owns 12,080 shares of the company’s stock valued at $562,000 after buying an additional 1,420 shares during the last quarter.

iShares High Yield Systematic Bond ETF Stock Down 0.0%

Shares of iShares High Yield Systematic Bond ETF stock opened at $46.23 on Wednesday. The firm’s 50 day moving average price is $46.43 and its 200-day moving average price is $46.68. iShares High Yield Systematic Bond ETF has a 52-week low of $45.96 and a 52-week high of $47.99.

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.