Darwin Wealth Management LLC Invests $85,000 in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Darwin Wealth Management LLC bought a new position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,693 shares of the company’s stock, valued at approximately $85,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Asset Management Group Inc. raised its position in shares of iShares Yield Optimized Bond ETF by 1.3% during the second quarter. Asset Management Group Inc. now owns 55,828 shares of the company’s stock worth $1,238,000 after purchasing an additional 692 shares during the period. Richard W. Paul & Associates LLC raised its position in shares of iShares Yield Optimized Bond ETF by 1.8% during the third quarter. Richard W. Paul & Associates LLC now owns 48,329 shares of the company’s stock worth $1,108,000 after purchasing an additional 858 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new position in iShares Yield Optimized Bond ETF during the second quarter valued at $29,000. Savvy Advisors Inc. raised its position in iShares Yield Optimized Bond ETF by 2.6% during the third quarter. Savvy Advisors Inc. now owns 52,938 shares of the company’s stock valued at $1,213,000 after buying an additional 1,323 shares during the period. Finally, Stonebridge Capital Advisors LLC raised its position in iShares Yield Optimized Bond ETF by 13.9% during the first quarter. Stonebridge Capital Advisors LLC now owns 14,980 shares of the company’s stock valued at $335,000 after buying an additional 1,830 shares during the period.

iShares Yield Optimized Bond ETF Price Performance

NYSEARCA:BYLD opened at $22.42 on Thursday. iShares Yield Optimized Bond ETF has a 1-year low of $21.65 and a 1-year high of $22.97. The business’s fifty day moving average price is $22.64 and its 200 day moving average price is $22.44.

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.