LeaderShares Dynamic Yield ETF $DYLD Stake Boosted by Redwood Investment Management LLC

Redwood Investment Management LLC lifted its stake in LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) by 8.2% during the first quarter, HoldingsChannel reports. The fund owned 586,292 shares of the company’s stock after purchasing an additional 44,519 shares during the quarter. LeaderShares Dynamic Yield ETF comprises approximately 1.6% of Redwood Investment Management LLC’s holdings, making the stock its 11th biggest position. Redwood Investment Management LLC owned about 0.33% of LeaderShares Dynamic Yield ETF worth $13,139,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. purchased a new stake in shares of LeaderShares Dynamic Yield ETF during the 2nd quarter worth about $231,000. Goldman Sachs Group Inc. grew its stake in shares of LeaderShares Dynamic Yield ETF by 29.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 12,122 shares of the company’s stock valued at $274,000 after buying an additional 2,761 shares in the last quarter. Jane Street Group LLC grew its stake in shares of LeaderShares Dynamic Yield ETF by 97.1% in the 4th quarter. Jane Street Group LLC now owns 26,690 shares of the company’s stock valued at $604,000 after buying an additional 13,151 shares in the last quarter. UBS Group AG increased its holdings in LeaderShares Dynamic Yield ETF by 18.5% in the third quarter. UBS Group AG now owns 47,052 shares of the company’s stock worth $1,069,000 after buying an additional 7,355 shares during the last quarter. Finally, Citadel Advisors LLC increased its holdings in LeaderShares Dynamic Yield ETF by 657.0% in the third quarter. Citadel Advisors LLC now owns 126,595 shares of the company’s stock worth $2,876,000 after buying an additional 109,872 shares during the last quarter.

LeaderShares Dynamic Yield ETF Price Performance

Shares of DYLD opened at $22.26 on Monday. The firm’s 50 day moving average price is $22.40 and its 200 day moving average price is $22.48. LeaderShares Dynamic Yield ETF has a twelve month low of $22.22 and a twelve month high of $22.92.

LeaderShares Dynamic Yield ETF Profile

The LeaderShares Dynamic Yield ETF (DYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified, global fixed income securities that seeks to capture higher yields through a proprietary risk-reward scheme. DYLD was launched on Jun 28, 2021 and is managed by LeaderShares.