Cornerstone Planning Group LLC increased its holdings in iShares High Yield Systematic Bond ETF (BATS:HYDB – Free Report) by 9.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 385,864 shares of the company’s stock after purchasing an additional 32,933 shares during the period. iShares High Yield Systematic Bond ETF accounts for 2.5% of Cornerstone Planning Group LLC’s holdings, making the stock its 8th biggest holding. Cornerstone Planning Group LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $18,058,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in HYDB. Northland Securities Inc. purchased a new stake in iShares High Yield Systematic Bond ETF during the 4th quarter valued at approximately $236,000. Flagship Harbor Advisors LLC purchased a new position in shares of iShares High Yield Systematic Bond ETF in the fourth quarter worth $268,000. NBT Bank N A NY lifted 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 buying an additional 965 shares in the last quarter. First Citizens Asset Management Inc. purchased a new position in shares of iShares High Yield Systematic Bond ETF in the first quarter worth $636,000. Finally, Farther Finance Advisors LLC boosted its position in shares of iShares High Yield Systematic Bond ETF by 178.1% during 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 during the last quarter.
iShares High Yield Systematic Bond ETF Stock Down 0.1%
HYDB opened at $46.51 on Friday. The company has a fifty day moving average of $46.67 and a 200 day moving average of $46.98. iShares High Yield Systematic Bond ETF has a fifty-two week low of $45.96 and a fifty-two 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.
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