Farther Finance Advisors LLC Acquires New Shares in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Farther Finance Advisors LLC bought a new stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 15,923 shares of the company’s stock, valued at approximately $358,000. Farther Finance Advisors LLC owned about 0.15% of iShares Yield Optimized Bond ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BYLD. Global Retirement Partners LLC grew its stake 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. Sigma Planning Corp boosted its holdings in iShares Yield Optimized Bond ETF by 1.1% in the fourth quarter. Sigma Planning Corp now owns 216,839 shares of the company’s stock worth $4,806,000 after purchasing an additional 2,419 shares during the last quarter. LWM Advisory Services LLC grew its position in iShares Yield Optimized Bond ETF by 11.8% in the 4th quarter. LWM Advisory Services LLC now owns 131,036 shares of the company’s stock worth $2,904,000 after purchasing an additional 13,877 shares during the period. Partners Wealth Management LLC purchased a new stake in iShares Yield Optimized Bond ETF during the 4th quarter valued at $1,326,000. Finally, Raymond James Financial Inc. purchased a new stake in iShares Yield Optimized Bond ETF during the 4th quarter valued at $13,075,000.

iShares Yield Optimized Bond ETF Price Performance

BYLD stock opened at $22.28 on Tuesday. The company has a market cap of $238.40 million, a P/E ratio of 10.76 and a beta of 0.25. iShares Yield Optimized Bond ETF has a 1 year low of $21.55 and a 1 year high of $22.97. The stock’s fifty day moving average price is $22.19 and its 200-day moving average price is $22.29.

iShares Yield Optimized Bond ETF 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.