Jane Street Group LLC Acquires Shares of 48,285 iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Jane Street Group LLC purchased a new stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 48,285 shares of the company’s stock, valued at approximately $1,070,000. Jane Street Group LLC owned approximately 0.61% of iShares Yield Optimized Bond ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in BYLD. Global Retirement Partners LLC grew its holdings in shares of iShares Yield Optimized Bond ETF by 3,378.7% in the fourth quarter. Global Retirement Partners LLC now owns 3,096 shares of the company’s stock worth $69,000 after acquiring an additional 3,007 shares during the period. Titleist Asset Management LLC bought a new stake in shares of iShares Yield Optimized Bond ETF during the 4th quarter valued at about $216,000. Fifth Third Securities Inc. bought a new stake in shares of iShares Yield Optimized Bond ETF during the 4th quarter valued at about $230,000. Thrivent Financial for Lutherans bought a new stake in shares of iShares Yield Optimized Bond ETF during the 4th quarter valued at about $390,000. Finally, SYM FINANCIAL Corp grew its stake in shares of iShares Yield Optimized Bond ETF by 16.7% during the 4th quarter. SYM FINANCIAL Corp now owns 21,935 shares of the company’s stock valued at $486,000 after purchasing an additional 3,136 shares during the period.

iShares Yield Optimized Bond ETF Price Performance

Shares of BYLD stock opened at $22.09 on Thursday. iShares Yield Optimized Bond ETF has a 1 year low of $21.55 and a 1 year high of $22.97. The firm has a fifty day moving average price of $22.20 and a 200-day moving average price of $22.31. The company has a market cap of $237.47 million, a price-to-earnings ratio of 10.76 and a beta of 0.26.

About iShares Yield Optimized Bond ETF

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.