Renasant Bank Invests $1.33 Million in iShares Morningstar Multi-Asset Income ETF $IYLD

Renasant Bank bought a new position in shares of iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 59,977 shares of the company’s stock, valued at approximately $1,328,000. Renasant Bank owned 1.09% of iShares Morningstar Multi-Asset Income ETF at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Triumph Capital Management acquired a new stake in iShares Morningstar Multi-Asset Income ETF in the 3rd quarter worth $48,000. NewEdge Advisors LLC raised its position in shares of iShares Morningstar Multi-Asset Income ETF by 77.9% during the first quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock valued at $70,000 after buying an additional 1,526 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Morningstar Multi-Asset Income ETF in the second quarter valued at about $72,000. IHT Wealth Management LLC lifted its stake in shares of iShares Morningstar Multi-Asset Income ETF by 5.6% in the fourth quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock valued at $278,000 after buying an additional 690 shares during the period. Finally, Oarsman Capital Inc. bought a new stake in shares of iShares Morningstar Multi-Asset Income ETF in the second quarter valued at about $826,000.

iShares Morningstar Multi-Asset Income ETF Trading Down 0.1%

Shares of BATS IYLD opened at $22.24 on Tuesday. The firm has a market capitalization of $122.32 million, a price-to-earnings ratio of 12.85 and a beta of 0.48. The business has a fifty day simple moving average of $22.17 and a 200 day simple moving average of $22.12. iShares Morningstar Multi-Asset Income ETF has a one year low of $20.86 and a one year high of $22.55.

iShares Morningstar Multi-Asset Income ETF Company Profile

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.