Heritage Family Offices LLP Buys New Position in iShares Yield Optimized Bond ETF $BYLD

Heritage Family Offices LLP purchased a new position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 27,803 shares of the company’s stock, valued at approximately $633,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Asset Dedication LLC purchased a new stake in shares of iShares Yield Optimized Bond ETF during the second quarter worth about $37,000. Advisory Services Network LLC purchased a new position in shares of iShares Yield Optimized Bond ETF during the third quarter valued at approximately $37,000. Fifth Third Bancorp boosted its position in iShares Yield Optimized Bond ETF by 42.2% during the third quarter. Fifth Third Bancorp now owns 1,789 shares of the company’s stock worth $41,000 after acquiring an additional 531 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in iShares Yield Optimized Bond ETF during the second quarter worth approximately $47,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in iShares Yield Optimized Bond ETF in the 2nd quarter worth approximately $196,000.

iShares Yield Optimized Bond ETF Stock Performance

Shares of BYLD opened at $22.44 on Wednesday. The stock has a fifty day moving average of $22.81 and a two-hundred day moving average of $22.85. The company has a market capitalization of $304.06 million, a PE ratio of 10.76 and a beta of 0.26. iShares Yield Optimized Bond ETF has a fifty-two week low of $21.55 and a fifty-two week high of $23.14.

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.