Darwin Wealth Management LLC reduced its position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD – Free Report) by 8.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 163,479 shares of the company’s stock after selling 14,336 shares during the quarter. iShares Yield Optimized Bond ETF comprises about 1.0% of Darwin Wealth Management LLC’s portfolio, making the stock its 29th biggest position. Darwin Wealth Management LLC owned approximately 4.09% of iShares Yield Optimized Bond ETF worth $3,667,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Atlas Private Wealth Management purchased a new position in iShares Yield Optimized Bond ETF during the 4th quarter valued at about $8,009,000. Raymond James Financial Services Advisors Inc. increased its stake in iShares Yield Optimized Bond ETF by 304.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 189,825 shares of the company’s stock worth $4,258,000 after buying an additional 142,855 shares in the last quarter. LWM Advisory Services LLC purchased a new stake in iShares Yield Optimized Bond ETF in the 3rd quarter worth $2,574,000. Systelligence LLC grew its position in shares of iShares Yield Optimized Bond ETF by 39.7% during the fourth quarter. Systelligence LLC now owns 360,724 shares of the company’s stock valued at $8,091,000 after purchasing an additional 102,456 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of iShares Yield Optimized Bond ETF by 207.3% in the 3rd quarter. Allworth Financial LP now owns 51,311 shares of the company’s stock valued at $1,097,000 after acquiring an additional 34,615 shares during the last quarter.
iShares Yield Optimized Bond ETF Stock Performance
NYSEARCA:BYLD traded down $0.04 during midday trading on Friday, hitting $22.07. 9,511 shares of the company traded hands, compared to its average volume of 62,709. The firm’s fifty day moving average is $22.13 and its 200-day moving average is $22.05. iShares Yield Optimized Bond ETF has a 12-month low of $20.90 and a 12-month 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.
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