Allworth Financial LP Sells 3,670 Shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Allworth Financial LP trimmed its position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 4.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 82,482 shares of the company’s stock after selling 3,670 shares during the period. Allworth Financial LP’s holdings in iShares Yield Optimized Bond ETF were worth $1,836,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors LLC acquired a new position in shares of iShares Yield Optimized Bond ETF during the 3rd quarter worth about $2,038,000. KPP Advisory Services LLC grew its holdings in iShares Yield Optimized Bond ETF by 51.6% during the third quarter. KPP Advisory Services LLC now owns 243,688 shares of the company’s stock worth $5,585,000 after purchasing an additional 82,960 shares during the period. Harbour Investments Inc. acquired a new position in iShares Yield Optimized Bond ETF during the third quarter worth approximately $1,895,000. Systelligence LLC raised its stake in iShares Yield Optimized Bond ETF by 18.5% in the third quarter. Systelligence LLC now owns 425,800 shares of the company’s stock valued at $9,759,000 after buying an additional 66,623 shares during the period. Finally, Raymond James & Associates lifted its position in shares of iShares Yield Optimized Bond ETF by 15.6% in the third quarter. Raymond James & Associates now owns 259,508 shares of the company’s stock valued at $5,948,000 after buying an additional 35,049 shares during the last quarter.

iShares Yield Optimized Bond ETF Price Performance

BYLD stock opened at $22.39 on Wednesday. iShares Yield Optimized Bond ETF has a 1-year low of $21.77 and a 1-year high of $22.97. The business’s 50 day simple moving average is $22.27 and its 200 day simple moving average is $22.49.

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.