Members Trust Co Increases Stock Holdings in iShares Yield Optimized Bond ETF $BYLD

Members Trust Co grew its stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 325.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,173 shares of the company’s stock after purchasing an additional 69,000 shares during the period. Members Trust Co owned approximately 0.53% of iShares Yield Optimized Bond ETF worth $2,032,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Arax Advisory Partners purchased a new stake in shares of iShares Yield Optimized Bond ETF during the fourth quarter worth approximately $25,000. Advisory Services Network LLC acquired a new position in iShares Yield Optimized Bond ETF in the 3rd quarter valued at $37,000. Darwin Wealth Management LLC acquired a new position in iShares Yield Optimized Bond ETF in the 2nd quarter valued at $47,000. NBC Securities Inc. purchased a new position in iShares Yield Optimized Bond ETF during the 4th quarter worth $51,000. Finally, Kestra Advisory Services LLC purchased a new position in iShares Yield Optimized Bond ETF during the 4th quarter worth $130,000.

iShares Yield Optimized Bond ETF Stock Performance

BYLD stock opened at $22.43 on Wednesday. The stock has a market capitalization of $449.72 million, a PE ratio of 10.76 and a beta of 0.27. The company has a fifty day moving average of $22.56 and a 200-day moving average of $22.68. iShares Yield Optimized Bond ETF has a one year low of $22.27 and a one year high of $23.14.

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.