World Investment Advisors Grows Position in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

World Investment Advisors boosted its position in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 8.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,182 shares of the company’s stock after acquiring an additional 7,252 shares during the quarter. World Investment Advisors owned 1.21% of iShares Yield Optimized Bond ETF worth $2,132,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Global Retirement Partners LLC boosted its position in shares of iShares Yield Optimized Bond ETF by 3,378.7% during the 4th quarter. Global Retirement Partners LLC now owns 3,096 shares of the company’s stock worth $69,000 after acquiring an additional 3,007 shares in the last quarter. Fifth Third Securities Inc. acquired a new position in iShares Yield Optimized Bond ETF in the fourth quarter valued at approximately $230,000. Asset Allocation Strategies LLC purchased a new position in iShares Yield Optimized Bond ETF in the third quarter valued at approximately $302,000. Thrivent Financial for Lutherans acquired a new stake in iShares Yield Optimized Bond ETF during the fourth quarter worth approximately $390,000. Finally, SYM FINANCIAL Corp lifted its position in shares of iShares Yield Optimized Bond ETF by 16.7% during the 4th quarter. SYM FINANCIAL Corp now owns 21,935 shares of the company’s stock worth $486,000 after buying an additional 3,136 shares during the last quarter.

iShares Yield Optimized Bond ETF Trading Down 0.7 %

Shares of iShares Yield Optimized Bond ETF stock opened at $22.21 on Friday. The company has a fifty day simple moving average of $22.41 and a 200-day simple moving average of $22.45. iShares Yield Optimized Bond ETF has a 12-month low of $21.77 and a 12-month high of $22.97. The stock has a market cap of $239.87 million, a price-to-earnings ratio of 10.88 and a beta of 0.25.

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.