iShares Morningstar Multi-Asset Income ETF (BATS:IYLD – Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 5,440 shares, a decrease of 44.9% from the August 15th total of 9,881 shares. Based on an average daily trading volume, of 17,016 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.
iShares Morningstar Multi-Asset Income ETF Trading Down 0.2%
Shares of IYLD opened at $22.01 on Wednesday. The stock has a market cap of $121.06 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 $20.90 and a 1 year high of $22.55. The stock’s 50-day moving average price is $22.18 and its two-hundred day moving average price is $22.09.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC bought a new stake in iShares Morningstar Multi-Asset Income ETF in the second quarter valued at approximately $36,000. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Morningstar Multi-Asset Income ETF during the second quarter worth $72,000. First PREMIER Bank bought a new position in shares of iShares Morningstar Multi-Asset Income ETF during the second quarter worth $349,000. Oarsman Capital Inc. acquired a new position in shares of iShares Morningstar Multi-Asset Income ETF in the 2nd quarter valued at $826,000. Finally, Renasant Bank acquired a new position in shares of iShares Morningstar Multi-Asset Income ETF in the 2nd quarter valued at $1,328,000.
About iShares Morningstar Multi-Asset Income ETF
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.
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