KPP Advisory Services LLC Has $3.35 Million Position in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

KPP Advisory Services LLC lessened its holdings in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 38.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 151,046 shares of the company’s stock after selling 92,642 shares during the quarter. KPP Advisory Services LLC’s holdings in iShares Yield Optimized Bond ETF were worth $3,348,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Altman Advisors Inc. lifted its position in iShares Yield Optimized Bond ETF by 3.6% in the 3rd quarter. Altman Advisors Inc. now owns 15,155 shares of the company’s stock worth $347,000 after buying an additional 530 shares in the last quarter. SYM FINANCIAL Corp increased its stake in shares of iShares Yield Optimized Bond ETF by 3.5% in the third quarter. SYM FINANCIAL Corp now owns 18,799 shares of the company’s stock worth $431,000 after acquiring an additional 628 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Yield Optimized Bond ETF by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 61,022 shares of the company’s stock worth $1,399,000 after acquiring an additional 690 shares during the last quarter. Richard W. Paul & Associates LLC raised its holdings in shares of iShares Yield Optimized Bond ETF by 1.8% during the third quarter. Richard W. Paul & Associates LLC now owns 48,329 shares of the company’s stock worth $1,108,000 after acquiring an additional 858 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in iShares Yield Optimized Bond ETF during the second quarter valued at $29,000.

iShares Yield Optimized Bond ETF Stock Down 0.3 %

Shares of BYLD stock opened at $22.33 on Monday. iShares Yield Optimized Bond ETF has a fifty-two week low of $21.77 and a fifty-two week high of $22.97. The stock’s 50-day moving average is $22.33 and its two-hundred day moving average is $22.49.

iShares Yield Optimized Bond ETF 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.