Hengehold Capital Management LLC Makes New Investment in iShares Yield Optimized Bond ETF $BYLD

Hengehold Capital Management LLC acquired a new stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 49,987 shares of the company’s stock, valued at approximately $1,077,000. Hengehold Capital Management LLC owned about 0.26% of iShares Yield Optimized Bond ETF at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Compass Financial Management LLC acquired a new stake in shares of iShares Yield Optimized Bond ETF in the 2nd quarter worth about $32,000. Integrated Wealth Concepts LLC acquired a new position in iShares Yield Optimized Bond ETF during the 2nd quarter valued at about $95,000. Gateway Wealth Partners LLC acquired a new position in iShares Yield Optimized Bond ETF during the 1st quarter valued at about $203,000. Keel Point LLC acquired a new position in iShares Yield Optimized Bond ETF during the 1st quarter valued at about $217,000. Finally, World Investment Advisors bought a new stake in iShares Yield Optimized Bond ETF during the 4th quarter worth approximately $251,000.

iShares Yield Optimized Bond ETF Stock Performance

BYLD remained flat at $21.71 during midday trading on Friday. The company’s stock had a trading volume of 86,731 shares, compared to its average volume of 103,755. The company has a market cap of $419.00 million, a P/E ratio of 10.76 and a beta of 0.27. iShares Yield Optimized Bond ETF has a 1 year low of $21.39 and a 1 year high of $23.14. The stock has a 50 day moving average of $21.99 and a two-hundred day moving average of $22.35.

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.