Hengehold Capital Management LLC Makes New Investment in iShares Yield Optimized Bond ETF $BYLD

Hengehold Capital Management LLC bought a new position in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 49,987 shares of the company’s stock, valued at approximately $1,077,000.

Other institutional investors have also recently made changes to their positions in the company. Compass Financial Management LLC purchased a new stake in shares of iShares Yield Optimized Bond ETF in the second quarter valued at about $32,000. Integrated Wealth Concepts LLC bought a new position in shares of iShares Yield Optimized Bond ETF during the second quarter valued at about $95,000. Gateway Wealth Partners LLC purchased a new position in iShares Yield Optimized Bond ETF during the first quarter worth about $203,000. Keel Point LLC purchased a new position in iShares Yield Optimized Bond ETF during the first quarter worth about $217,000. Finally, World Investment Advisors purchased a new position in iShares Yield Optimized Bond ETF during the fourth quarter worth about $251,000.

iShares Yield Optimized Bond ETF Price Performance

BYLD stock remained flat at $21.71 during trading on Friday. 86,731 shares of the company’s stock were exchanged, compared to its average volume of 103,755. iShares Yield Optimized Bond ETF has a twelve month low of $21.39 and a twelve month high of $23.14. The stock has a 50 day moving average price of $21.99 and a 200 day moving average price of $22.35. The stock has a market cap of $419.00 million, a P/E ratio of 10.76 and a beta of 0.27.

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.