Hartline Investment Corp Purchases New Stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Hartline Investment Corp acquired a new position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 9,438 shares of the company’s stock, valued at approximately $211,000. Hartline Investment Corp owned about 0.12% of iShares Yield Optimized Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Systelligence LLC raised its holdings in iShares Yield Optimized Bond ETF by 39.7% during the fourth quarter. Systelligence LLC now owns 360,724 shares of the company’s stock worth $8,091,000 after purchasing an additional 102,456 shares during the last quarter. Atlas Private Wealth Management acquired a new position in iShares Yield Optimized Bond ETF during the fourth quarter worth $8,009,000. Raymond James Financial Services Advisors Inc. raised its holdings in iShares Yield Optimized Bond ETF by 38.5% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 262,935 shares of the company’s stock worth $5,879,000 after purchasing an additional 73,110 shares during the last quarter. Allworth Financial LP raised its holdings in iShares Yield Optimized Bond ETF by 23.3% during the fourth quarter. Allworth Financial LP now owns 63,290 shares of the company’s stock worth $1,420,000 after purchasing an additional 11,979 shares during the last quarter. Finally, Elevated Capital Advisors LLC raised its holdings in iShares Yield Optimized Bond ETF by 2.2% during the first quarter. Elevated Capital Advisors LLC now owns 43,912 shares of the company’s stock worth $982,000 after purchasing an additional 966 shares during the last quarter.

iShares Yield Optimized Bond ETF Stock Performance

Shares of NYSEARCA BYLD traded up $0.05 during trading on Friday, reaching $22.20. The company had a trading volume of 34,485 shares, compared to its average volume of 68,335. iShares Yield Optimized Bond ETF has a twelve month low of $20.90 and a twelve month high of $22.57. The stock has a 50-day moving average price of $22.15 and a two-hundred day moving average price of $22.21.

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.