Altman Advisors Inc. Acquires 237,393 Shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

Altman Advisors Inc. increased its stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 1,566.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 252,548 shares of the company’s stock after purchasing an additional 237,393 shares during the quarter. iShares Yield Optimized Bond ETF accounts for approximately 2.2% of Altman Advisors Inc.’s holdings, making the stock its 8th biggest position. Altman Advisors Inc. owned approximately 3.18% of iShares Yield Optimized Bond ETF worth $5,598,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC increased its stake in iShares Yield Optimized Bond ETF by 3,378.7% in the 4th quarter. Global Retirement Partners LLC now owns 3,096 shares of the company’s stock valued at $69,000 after purchasing an additional 3,007 shares in the last quarter. Titleist Asset Management LLC acquired a new stake in iShares Yield Optimized Bond ETF in the 4th quarter worth about $216,000. Fifth Third Securities Inc. purchased a new stake in iShares Yield Optimized Bond ETF in the fourth quarter valued at approximately $230,000. Thrivent Financial for Lutherans acquired a new stake in shares of iShares Yield Optimized Bond ETF during the 4th quarter worth $390,000. Finally, SYM FINANCIAL Corp increased its stake 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 last quarter.

iShares Yield Optimized Bond ETF Stock Performance

NYSEARCA BYLD opened at $21.81 on Friday. The company’s 50 day moving average price is $22.35 and its 200 day moving average price is $22.40. iShares Yield Optimized Bond ETF has a one year low of $21.55 and a one year high of $22.97. The firm has a market capitalization of $235.55 million, a price-to-earnings ratio of 10.88 and a beta of 0.25.

iShares Yield Optimized Bond ETF Company 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.