Truist Financial Corp Has $2.80 Million Position in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Truist Financial Corp lessened its position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 10.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 126,158 shares of the company’s stock after selling 15,259 shares during the quarter. Truist Financial Corp owned approximately 1.59% of iShares Yield Optimized Bond ETF worth $2,796,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BYLD. Stratos Wealth Partners LTD. grew its position in shares of iShares Yield Optimized Bond ETF by 41.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 24,632 shares of the company’s stock worth $546,000 after buying an additional 7,247 shares during the period. SYM FINANCIAL Corp raised its stake 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 purchasing an additional 3,136 shares during the period. Fifth Third Securities Inc. bought a new stake in shares of iShares Yield Optimized Bond ETF during the 4th quarter worth $230,000. Dynamic Advisor Solutions LLC raised its stake in shares of iShares Yield Optimized Bond ETF by 8.2% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 33,537 shares of the company’s stock worth $743,000 after purchasing an additional 2,543 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in shares of iShares Yield Optimized Bond ETF by 5.9% during the 4th quarter. Arkadios Wealth Advisors now owns 50,740 shares of the company’s stock worth $1,125,000 after purchasing an additional 2,845 shares during the period.

iShares Yield Optimized Bond ETF Price Performance

Shares of BYLD opened at $22.55 on Wednesday. The business has a 50-day moving average of $22.27 and a 200 day moving average of $22.50. iShares Yield Optimized Bond ETF has a fifty-two week low of $21.77 and a fifty-two week high of $22.97.

iShares Yield Optimized Bond ETF Company 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.