Horizon Wealth Management LLC Acquires Shares of 2,300,623 iShares Yield Optimized Bond ETF $BYLD

Horizon Wealth Management LLC bought a new position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,300,623 shares of the company’s stock, valued at approximately $51,833,000. iShares Yield Optimized Bond ETF makes up about 7.6% of Horizon Wealth Management LLC’s holdings, making the stock its biggest holding. Horizon Wealth Management LLC owned 13.53% of iShares Yield Optimized Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its holdings in shares of iShares Yield Optimized Bond ETF by 11.3% in the fourth quarter. LPL Financial LLC now owns 943,594 shares of the company’s stock valued at $21,490,000 after acquiring an additional 95,537 shares in the last quarter. Focus Partners Wealth lifted its holdings in iShares Yield Optimized Bond ETF by 1.1% during the fourth quarter. Focus Partners Wealth now owns 531,124 shares of the company’s stock worth $12,096,000 after acquiring an additional 5,743 shares during the period. Osaic Holdings Inc. boosted its position in iShares Yield Optimized Bond ETF by 4.0% in the fourth quarter. Osaic Holdings Inc. now owns 377,251 shares of the company’s stock worth $8,591,000 after purchasing an additional 14,457 shares during the last quarter. Bank of America Corp DE grew its stake in iShares Yield Optimized Bond ETF by 6.2% in the 3rd quarter. Bank of America Corp DE now owns 331,408 shares of the company’s stock valued at $7,596,000 after purchasing an additional 19,469 shares during the period. Finally, Mariner LLC grew its stake in iShares Yield Optimized Bond ETF by 16.8% in the 4th quarter. Mariner LLC now owns 299,244 shares of the company’s stock valued at $6,815,000 after purchasing an additional 43,047 shares during the period.

iShares Yield Optimized Bond ETF Price Performance

Shares of iShares Yield Optimized Bond ETF stock opened at $22.63 on Thursday. The firm has a market cap of $453.73 million, a PE ratio of 10.76 and a beta of 0.26. iShares Yield Optimized Bond ETF has a 1 year low of $22.27 and a 1 year high of $23.14. The stock has a fifty day moving average price of $22.59 and a 200-day moving average price of $22.71.

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.