Mariner LLC Raises Stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Mariner LLC boosted its holdings in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 59.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 133,093 shares of the company’s stock after buying an additional 49,726 shares during the quarter. Mariner LLC owned 1.67% of iShares Yield Optimized Bond ETF worth $2,950,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BYLD. Global Retirement Partners LLC raised its holdings in shares of iShares Yield Optimized Bond ETF by 3,378.7% during the fourth quarter. Global Retirement Partners LLC now owns 3,096 shares of the company’s stock worth $69,000 after purchasing an additional 3,007 shares during the last quarter. Titleist Asset Management LLC purchased a new position in shares of iShares Yield Optimized Bond ETF during the 4th quarter valued at about $216,000. Fifth Third Securities Inc. acquired a new position in shares of iShares Yield Optimized Bond ETF in the 4th quarter valued at about $230,000. Thrivent Financial for Lutherans purchased a new stake in shares of iShares Yield Optimized Bond ETF in the fourth quarter worth about $390,000. Finally, SYM FINANCIAL Corp grew its holdings in iShares Yield Optimized Bond ETF by 16.7% during the fourth quarter. SYM FINANCIAL Corp now owns 21,935 shares of the company’s stock worth $486,000 after acquiring an additional 3,136 shares during the period.

iShares Yield Optimized Bond ETF Trading Up 0.5 %

iShares Yield Optimized Bond ETF stock opened at $22.03 on Wednesday. The firm has a market cap of $237.92 million, a PE ratio of 10.88 and a beta of 0.25. iShares Yield Optimized Bond ETF has a 12 month low of $21.55 and a 12 month high of $22.97. The stock’s 50 day simple moving average is $22.30 and its two-hundred day simple moving average is $22.36.

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.