KPP Advisory Services LLC Raises Stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD)

KPP Advisory Services LLC raised its stake in iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 51.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 243,688 shares of the company’s stock after buying an additional 82,960 shares during the quarter. iShares Yield Optimized Bond ETF makes up approximately 1.3% of KPP Advisory Services LLC’s investment portfolio, making the stock its 18th largest position. KPP Advisory Services LLC owned about 3.07% of iShares Yield Optimized Bond ETF worth $5,585,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of iShares Yield Optimized Bond ETF in the 2nd quarter valued at $29,000. Altman Advisors Inc. lifted its stake in iShares Yield Optimized Bond ETF by 18.5% during the 2nd quarter. Altman Advisors Inc. now owns 14,625 shares of the company’s stock worth $324,000 after acquiring an additional 2,287 shares in the last quarter. Stonebridge Capital Advisors LLC lifted its stake in iShares Yield Optimized Bond ETF by 13.9% during the 1st quarter. Stonebridge Capital Advisors LLC now owns 14,980 shares of the company’s stock worth $335,000 after acquiring an additional 1,830 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in iShares Yield Optimized Bond ETF by 80.0% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,988 shares of the company’s stock worth $377,000 after acquiring an additional 7,550 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in iShares Yield Optimized Bond ETF by 14.0% during the 3rd quarter. Private Advisor Group LLC now owns 19,624 shares of the company’s stock worth $450,000 after acquiring an additional 2,415 shares in the last quarter.

iShares Yield Optimized Bond ETF Price Performance

BYLD traded down $0.03 during mid-day trading on Friday, hitting $22.36. 42,735 shares of the stock were exchanged, compared to its average volume of 68,338. The firm’s fifty day moving average is $22.65 and its two-hundred day moving average is $22.43. iShares Yield Optimized Bond ETF has a 1-year low of $21.58 and a 1-year 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.