Global Retirement Partners LLC Purchases 3,007 Shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Global Retirement Partners LLC grew its position in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 3,378.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,096 shares of the company’s stock after acquiring an additional 3,007 shares during the period. Global Retirement Partners LLC’s holdings in iShares Yield Optimized Bond ETF were worth $69,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BYLD. Darwin Wealth Management LLC bought a new position in shares of iShares Yield Optimized Bond ETF in the third quarter valued at approximately $85,000. Fifth Third Securities Inc. bought a new position in shares of iShares Yield Optimized Bond ETF in the fourth quarter valued at approximately $230,000. Asset Allocation Strategies LLC bought a new position in shares of iShares Yield Optimized Bond ETF in the third quarter valued at approximately $302,000. Altman Advisors Inc. raised its stake in shares of iShares Yield Optimized Bond ETF by 3.6% in the third quarter. Altman Advisors Inc. now owns 15,155 shares of the company’s stock valued at $347,000 after acquiring an additional 530 shares during the last quarter. Finally, SYM FINANCIAL Corp raised its stake in shares of iShares Yield Optimized Bond ETF by 3.5% in the third quarter. SYM FINANCIAL Corp now owns 18,799 shares of the company’s stock valued at $431,000 after acquiring an additional 628 shares during the last quarter.

iShares Yield Optimized Bond ETF Price Performance

BYLD stock opened at $22.63 on Friday. The company has a 50 day moving average price of $22.29 and a 200 day moving average price 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. The stock has a market capitalization of $236.48 million, a PE ratio of 16.61 and a beta of 0.27.

About iShares Yield Optimized Bond ETF

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.