JPMorgan Chase & Co. Purchases 690 Shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

JPMorgan Chase & Co. boosted its position in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 1.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 61,022 shares of the company’s stock after acquiring an additional 690 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Yield Optimized Bond ETF were worth $1,399,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Altman Advisors Inc. grew its stake 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 acquiring an additional 530 shares in the last quarter. SYM FINANCIAL Corp lifted its position in shares of iShares Yield Optimized Bond ETF by 3.5% in the 3rd quarter. SYM FINANCIAL Corp now owns 18,799 shares of the company’s stock worth $431,000 after purchasing an additional 628 shares during the period. Richard W. Paul & Associates LLC lifted its position in shares of iShares Yield Optimized Bond ETF by 1.8% in the 3rd quarter. Richard W. Paul & Associates LLC now owns 48,329 shares of the company’s stock worth $1,108,000 after purchasing an additional 858 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of iShares Yield Optimized Bond ETF in the 2nd quarter worth approximately $29,000. Finally, Savvy Advisors Inc. lifted its position in shares of iShares Yield Optimized Bond ETF by 2.6% in the 3rd quarter. Savvy Advisors Inc. now owns 52,938 shares of the company’s stock worth $1,213,000 after purchasing an additional 1,323 shares during the period.

iShares Yield Optimized Bond ETF Price Performance

Shares of BYLD opened at $22.26 on Friday. The company has a 50 day moving average price of $22.34 and a 200-day moving average price of $22.49. iShares Yield Optimized Bond ETF has a fifty-two week low of $21.77 and a fifty-two week high of $22.97.

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.