Great Valley Advisor Group Inc. Sells 58,907 Shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Great Valley Advisor Group Inc. reduced its position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 67.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,694 shares of the company’s stock after selling 58,907 shares during the period. Great Valley Advisor Group Inc. owned approximately 0.36% of iShares Yield Optimized Bond ETF worth $636,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Altman Advisors Inc. purchased a new position in iShares Yield Optimized Bond ETF in the 4th quarter worth approximately $321,000. Raymond James & Associates purchased a new position in iShares Yield Optimized Bond ETF in the fourth quarter worth $300,000. Savvy Advisors Inc. purchased a new position in iShares Yield Optimized Bond ETF in the fourth quarter worth $318,000. SYM FINANCIAL Corp increased its stake in iShares Yield Optimized Bond ETF by 3.0% in the first quarter. SYM FINANCIAL Corp now owns 18,152 shares of the company’s stock valued at $406,000 after acquiring an additional 531 shares during the last quarter. Finally, Principal Securities Inc. purchased a new stake in iShares Yield Optimized Bond ETF during the fourth quarter valued at about $162,000.

iShares Yield Optimized Bond ETF Trading Up 0.2 %

Shares of BYLD traded up $0.04 during mid-day trading on Wednesday, reaching $22.57. The company’s stock had a trading volume of 62,098 shares, compared to its average volume of 68,143. iShares Yield Optimized Bond ETF has a 52 week low of $20.90 and a 52 week high of $22.58. The company’s fifty day moving average price is $22.27 and its two-hundred day moving average price is $22.20.

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.