Sigma Planning Corp Grows Stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Sigma Planning Corp raised its stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 1.1% during the 4th quarter, HoldingsChannel reports. The firm owned 216,839 shares of the company’s stock after acquiring an additional 2,419 shares during the quarter. Sigma Planning Corp’s holdings in iShares Yield Optimized Bond ETF were worth $4,806,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Systelligence LLC raised its position in iShares Yield Optimized Bond ETF by 18.5% in the third quarter. Systelligence LLC now owns 425,800 shares of the company’s stock valued at $9,759,000 after purchasing an additional 66,623 shares during the period. Raymond James & Associates raised its position in iShares Yield Optimized Bond ETF by 15.6% in the third quarter. Raymond James & Associates now owns 259,508 shares of the company’s stock valued at $5,948,000 after purchasing an additional 35,049 shares during the period. KPP Advisory Services LLC raised its position in iShares Yield Optimized Bond ETF by 51.6% in the third quarter. KPP Advisory Services LLC now owns 243,688 shares of the company’s stock valued at $5,585,000 after purchasing an additional 82,960 shares during the period. World Investment Advisors LLC purchased a new stake in shares of iShares Yield Optimized Bond ETF during the third quarter worth about $2,038,000. Finally, Harbour Investments Inc. purchased a new stake in shares of iShares Yield Optimized Bond ETF during the third quarter worth about $1,895,000.

iShares Yield Optimized Bond ETF Stock Up 0.1 %

Shares of NYSEARCA BYLD opened at $22.44 on Friday. iShares Yield Optimized Bond ETF has a 1 year low of $21.77 and a 1 year high of $22.97. The stock’s 50-day simple moving average is $22.26 and its 200-day simple moving average is $22.49.

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.