Raymond James & Associates Increases Stock Holdings in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Raymond James & Associates lifted its stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 15.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 259,508 shares of the company’s stock after purchasing an additional 35,049 shares during the quarter. Raymond James & Associates owned about 3.26% of iShares Yield Optimized Bond ETF worth $5,948,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of BYLD. Northwestern Mutual Wealth Management Co. acquired a new stake in iShares Yield Optimized Bond ETF in the second quarter valued at about $29,000. Altman Advisors Inc. boosted its stake in shares of iShares Yield Optimized Bond ETF by 18.5% in the second quarter. Altman Advisors Inc. now owns 14,625 shares of the company’s stock valued at $324,000 after buying an additional 2,287 shares in the last quarter. Stonebridge Capital Advisors LLC grew its holdings in iShares Yield Optimized Bond ETF by 13.9% during the first quarter. Stonebridge Capital Advisors LLC now owns 14,980 shares of the company’s stock worth $335,000 after acquiring an additional 1,830 shares during the period. Private Advisor Group LLC purchased a new position in iShares Yield Optimized Bond ETF in the first quarter worth $342,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in iShares Yield Optimized Bond ETF by 80.0% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,988 shares of the company’s stock valued at $377,000 after acquiring an additional 7,550 shares during the period.

iShares Yield Optimized Bond ETF Price Performance

BYLD stock opened at $22.47 on Friday. The company’s 50-day moving average price is $22.71 and its 200 day moving average price is $22.38. iShares Yield Optimized Bond ETF has a 52 week low of $21.06 and a 52 week high of $22.97.

iShares Yield Optimized Bond ETF Company Profile

The iShares Yield Optimized Bond ETF (BYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that tracks a broad index of debt securities optimized for yield and mean variance. BYLD was launched on Apr 22, 2014 and is managed by BlackRock.