Dynamic Advisor Solutions LLC Raises Stock Holdings in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Dynamic Advisor Solutions LLC increased its stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 4.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,918 shares of the company’s stock after purchasing an additional 1,381 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.32% of iShares Yield Optimized Bond ETF worth $783,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Sigma Planning Corp lifted its stake in shares of iShares Yield Optimized Bond ETF by 1.1% during the 4th 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. REAP Financial Group LLC purchased a new stake in iShares Yield Optimized Bond ETF in the fourth quarter valued at about $58,000. Harbour Investments Inc. boosted its holdings in iShares Yield Optimized Bond ETF by 3.4% in the fourth quarter. Harbour Investments Inc. now owns 85,490 shares of the company’s stock worth $1,895,000 after acquiring an additional 2,791 shares in the last quarter. AdvisorNet Financial Inc grew its stake in shares of iShares Yield Optimized Bond ETF by 17.5% during the first quarter. AdvisorNet Financial Inc now owns 19,661 shares of the company’s stock worth $441,000 after acquiring an additional 2,922 shares during the last quarter. Finally, Global Retirement Partners LLC increased its holdings in shares of iShares Yield Optimized Bond ETF by 3,378.7% during the fourth quarter. Global Retirement Partners LLC now owns 3,096 shares of the company’s stock valued at $69,000 after acquiring an additional 3,007 shares in the last quarter.

iShares Yield Optimized Bond ETF Stock Up 0.3%

BYLD opened at $22.35 on Wednesday. iShares Yield Optimized Bond ETF has a 52-week low of $21.55 and a 52-week high of $22.97. The company has a market cap of $239.15 million, a P/E ratio of 10.76 and a beta of 0.25. The firm’s 50-day moving average price is $22.19 and its 200-day moving average price is $22.29.

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.