CX Institutional Makes New $86.91 Million Investment in iShares High Yield Systematic Bond ETF $HYDB

CX Institutional purchased a new position in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,933,047 shares of the company’s stock, valued at approximately $86,910,000. iShares High Yield Systematic Bond ETF comprises 2.3% of CX Institutional’s holdings, making the stock its 5th largest position. CX Institutional owned 6.18% of iShares High Yield Systematic Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. GoalVest Advisory LLC acquired a new stake in shares of iShares High Yield Systematic Bond ETF during the 3rd quarter worth about $61,000. Wellington Altus USA Inc. lifted its stake in iShares High Yield Systematic Bond ETF by 44.0% during the second quarter. Wellington Altus USA Inc. now owns 2,492 shares of the company’s stock worth $117,000 after purchasing an additional 761 shares during the last quarter. Continuum Advisory LLC purchased a new stake in iShares High Yield Systematic Bond ETF during the second quarter worth approximately $121,000. Atlantic Private Wealth LLC acquired a new position in iShares High Yield Systematic Bond ETF in the second quarter valued at approximately $126,000. Finally, DMC Group LLC acquired a new position in iShares High Yield Systematic Bond ETF in the second quarter valued at approximately $270,000.

iShares High Yield Systematic Bond ETF Stock Performance

iShares High Yield Systematic Bond ETF stock traded up $0.06 during mid-day trading on Friday, hitting $44.73. The company had a trading volume of 232,789 shares, compared to its average volume of 225,999. iShares High Yield Systematic Bond ETF has a 1 year low of $44.42 and a 1 year high of $47.81. The business has a fifty day moving average of $46.14 and a 200 day moving average of $46.49.

iShares High Yield Systematic Bond ETF 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. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.