iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) Stock Price Down 0.2% – Time to Sell?

iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) shares dropped 0.2% during mid-day trading on Friday . The stock traded as low as $19.51 and last traded at $19.55. Approximately 24,338 shares traded hands during trading, The stock had previously closed at $19.59.

iShares Morningstar Multi-Asset Income ETF Trading Down 0.7 %

The stock has a fifty day moving average price of $19.94 and a 200 day moving average price of $20.15. The firm has a market cap of $115.55 million, a price-to-earnings ratio of 5.38 and a beta of 0.40.

iShares Morningstar Multi-Asset Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, November 7th. Shareholders of record on Monday, November 4th were issued a dividend of $0.062 per share. The ex-dividend date was Monday, November 4th.

Institutional Trading of iShares Morningstar Multi-Asset Income ETF

An institutional investor recently raised its position in iShares Morningstar Multi-Asset Income ETF stock. IHT Wealth Management LLC raised its holdings in shares of iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) by 83.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,726 shares of the company’s stock after buying an additional 11,279 shares during the quarter. IHT Wealth Management LLC owned about 0.42% of iShares Morningstar Multi-Asset Income ETF worth $511,000 as of its most recent SEC filing.

About iShares Morningstar Multi-Asset Income ETF

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.