Foundations Investment Advisors LLC Grows Position in iShares High Yield Systematic Bond ETF (BATS:HYDB)

Foundations Investment Advisors LLC increased its position in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) by 40.5% in the first quarter, Holdings Channel.com reports. The firm owned 144,124 shares of the company’s stock after purchasing an additional 41,578 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $6,787,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares High Yield Systematic Bond ETF by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,713,773 shares of the company’s stock worth $127,792,000 after purchasing an additional 33,071 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of iShares High Yield Systematic Bond ETF by 129.0% during the 4th quarter. Ameriprise Financial Inc. now owns 676,319 shares of the company’s stock worth $31,793,000 after purchasing an additional 381,021 shares during the period. Captrust Financial Advisors boosted its stake in shares of iShares High Yield Systematic Bond ETF by 1.6% during the 4th quarter. Captrust Financial Advisors now owns 648,984 shares of the company’s stock worth $30,509,000 after purchasing an additional 10,030 shares during the period. Assetmark Inc. boosted its position in iShares High Yield Systematic Bond ETF by 2.7% in the 1st quarter. Assetmark Inc. now owns 605,844 shares of the company’s stock valued at $28,529,000 after buying an additional 16,016 shares during the period. Finally, IHT Wealth Management LLC purchased a new stake in iShares High Yield Systematic Bond ETF in the 4th quarter valued at about $24,392,000.

iShares High Yield Systematic Bond ETF Price Performance

iShares High Yield Systematic Bond ETF stock opened at $47.39 on Tuesday. iShares High Yield Systematic Bond ETF has a 1 year low of $44.04 and a 1 year high of $48.10. The firm has a 50-day moving average of $46.99 and a two-hundred day moving average of $46.88.

iShares High Yield Systematic Bond ETF Company Profile

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.