Members Trust Co Raises Holdings in iShares Yield Optimized Bond ETF $BYLD

Members Trust Co grew its holdings in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 325.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 90,173 shares of the company’s stock after buying an additional 69,000 shares during the quarter. Members Trust Co’s holdings in iShares Yield Optimized Bond ETF were worth $2,032,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Daviman Financial LLC acquired a new position in iShares Yield Optimized Bond ETF during the fourth quarter worth $674,000. Horizon Wealth Management LLC acquired a new stake in iShares Yield Optimized Bond ETF in the first quarter valued at $51,833,000. Heritage Family Offices LLP acquired a new stake in iShares Yield Optimized Bond ETF in the fourth quarter valued at $633,000. World Investment Advisors purchased a new stake in shares of iShares Yield Optimized Bond ETF during the 4th quarter worth $251,000. Finally, Asset Allocation Strategies LLC boosted its position in shares of iShares Yield Optimized Bond ETF by 3.4% during the 4th quarter. Asset Allocation Strategies LLC now owns 22,934 shares of the company’s stock worth $522,000 after purchasing an additional 757 shares in the last quarter.

iShares Yield Optimized Bond ETF Stock Up 0.2%

NYSEARCA:BYLD opened at $22.43 on Wednesday. iShares Yield Optimized Bond ETF has a fifty-two week low of $22.27 and a fifty-two week high of $23.14. The stock has a market cap of $449.72 million, a PE ratio of 10.76 and a beta of 0.27. The firm’s fifty day simple moving average is $22.56 and its 200-day simple moving average is $22.68.

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.