AdvisorNet Financial Inc Has $335,000 Stock Position in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

AdvisorNet Financial Inc boosted its stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 13.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,980 shares of the company’s stock after purchasing an additional 1,830 shares during the quarter. AdvisorNet Financial Inc owned about 0.37% of iShares Yield Optimized Bond ETF worth $335,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Elevated Capital Advisors LLC raised its stake in iShares Yield Optimized Bond ETF by 7.1% in the fourth quarter. Elevated Capital Advisors LLC now owns 42,946 shares of the company’s stock valued at $963,000 after purchasing an additional 2,830 shares in the last quarter. Dynamic Advisor Solutions LLC raised its stake in iShares Yield Optimized Bond ETF by 21.2% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 19,039 shares of the company’s stock valued at $422,000 after purchasing an additional 3,336 shares in the last quarter. Stonebridge Capital Advisors LLC raised its stake in iShares Yield Optimized Bond ETF by 103.0% in the third quarter. Stonebridge Capital Advisors LLC now owns 10,250 shares of the company’s stock valued at $219,000 after purchasing an additional 5,200 shares in the last quarter. Mariner LLC raised its stake in iShares Yield Optimized Bond ETF by 37.2% in the third quarter. Mariner LLC now owns 25,635 shares of the company’s stock valued at $548,000 after purchasing an additional 6,948 shares in the last quarter. Finally, Principal Securities Inc. acquired a new position in iShares Yield Optimized Bond ETF in the fourth quarter valued at about $162,000.

iShares Yield Optimized Bond ETF Price Performance

BYLD stock opened at $22.25 on Tuesday. The business has a 50-day simple moving average of $22.10 and a 200 day simple moving average of $22.21. iShares Yield Optimized Bond ETF has a 52 week low of $20.90 and a 52 week high of $22.57.

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.