Manning & Napier Advisors LLC Has $10.02 Million Stock Position in iShares High Yield Systematic Bond ETF $HYDB

Manning & Napier Advisors LLC lifted its position in iShares High Yield Systematic Bond ETF (BATS:HYDB) by 78.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 217,378 shares of the company’s stock after buying an additional 95,433 shares during the period. Manning & Napier Advisors LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $10,017,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Northland Securities Inc. acquired a new stake in iShares High Yield Systematic Bond ETF during the 4th quarter worth $236,000. Flagship Harbor Advisors LLC acquired a new position in iShares High Yield Systematic Bond ETF in the fourth quarter valued at about $268,000. NBT Bank N A NY increased its holdings in shares of iShares High Yield Systematic Bond ETF by 10.0% in the fourth quarter. NBT Bank N A NY now owns 10,660 shares of the company’s stock worth $505,000 after acquiring an additional 965 shares in the last quarter. First Citizens Asset Management Inc. bought a new stake in shares of iShares High Yield Systematic Bond ETF in the first quarter worth about $636,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of iShares High Yield Systematic Bond ETF by 178.1% in the fourth quarter. Farther Finance Advisors LLC now owns 15,149 shares of the company’s stock worth $717,000 after acquiring an additional 9,701 shares in the last quarter.

iShares High Yield Systematic Bond ETF Trading Down 0.1%

Shares of BATS HYDB traded down $0.06 during mid-day trading on Friday, reaching $46.50. 99,588 shares of the company’s stock were exchanged, compared to its average volume of 256,151. iShares High Yield Systematic Bond ETF has a twelve month low of $45.96 and a twelve month high of $47.99. The business has a fifty day simple moving average of $46.71 and a 200 day simple moving average of $47.01.

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.