Oarsman Capital Inc. Invests $826,000 in iShares Morningstar Multi-Asset Income ETF $IYLD

Oarsman Capital Inc. purchased a new stake in shares of iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 37,310 shares of the company’s stock, valued at approximately $826,000. Oarsman Capital Inc. owned about 0.68% of iShares Morningstar Multi-Asset Income ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. IHT Wealth Management LLC lifted its position in iShares Morningstar Multi-Asset Income ETF by 5.6% in the 4th quarter. IHT Wealth Management LLC now owns 12,982 shares of the company’s stock valued at $278,000 after acquiring an additional 690 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of iShares Morningstar Multi-Asset Income ETF by 77.9% in the 1st quarter. NewEdge Advisors LLC now owns 3,484 shares of the company’s stock worth $70,000 after purchasing an additional 1,526 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Morningstar Multi-Asset Income ETF in the 2nd quarter worth $72,000. Finally, Triumph Capital Management purchased a new position in shares of iShares Morningstar Multi-Asset Income ETF in the third quarter worth $48,000.

iShares Morningstar Multi-Asset Income ETF Price Performance

Shares of BATS:IYLD opened at $22.26 on Monday. The company has a market cap of $122.43 million, a P/E ratio of 12.85 and a beta of 0.48. iShares Morningstar Multi-Asset Income ETF has a 1 year low of $20.86 and a 1 year high of $22.55. The stock’s fifty day moving average price is $22.17 and its 200-day moving average price is $22.12.

iShares Morningstar Multi-Asset Income ETF Profile

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.