Raymond James & Associates Invests $300,000 in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Raymond James & Associates purchased a new stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,359 shares of the company’s stock, valued at approximately $300,000. Raymond James & Associates owned about 0.33% of iShares Yield Optimized Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Stonebridge Capital Advisors LLC grew its position in shares of iShares Yield Optimized Bond ETF by 103.0% in the third quarter. Stonebridge Capital Advisors LLC now owns 10,250 shares of the company’s stock valued at $219,000 after purchasing an additional 5,200 shares during the last quarter. Dynamic Advisor Solutions LLC increased its position in iShares Yield Optimized Bond ETF by 21.2% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 19,039 shares of the company’s stock worth $422,000 after buying an additional 3,336 shares during the period. Mariner LLC lifted its holdings in shares of iShares Yield Optimized Bond ETF by 37.2% during the third quarter. Mariner LLC now owns 25,635 shares of the company’s stock worth $548,000 after buying an additional 6,948 shares in the last quarter. Birchcreek Wealth Management LLC bought a new stake in shares of iShares Yield Optimized Bond ETF in the third quarter valued at about $686,000. Finally, AE Wealth Management LLC grew its stake in shares of iShares Yield Optimized Bond ETF by 19.3% in the third quarter. AE Wealth Management LLC now owns 38,055 shares of the company’s stock valued at $813,000 after acquiring an additional 6,161 shares in the last quarter.

iShares Yield Optimized Bond ETF Stock Up 0.2 %

NYSEARCA:BYLD opened at $21.94 on Monday. iShares Yield Optimized Bond ETF has a 52 week low of $20.90 and a 52 week high of $22.57. The firm’s 50-day simple moving average is $22.16 and its 200 day simple moving average is $22.01.

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.