iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) Shares Purchased by MML Investors Services LLC

MML Investors Services LLC grew its stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 28.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,305 shares of the company’s stock after purchasing an additional 5,664 shares during the quarter. MML Investors Services LLC’s holdings in iShares Yield Optimized Bond ETF were worth $580,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new position in shares of iShares Yield Optimized Bond ETF in the 2nd quarter valued at $29,000. Darwin Wealth Management LLC purchased a new position in shares of iShares Yield Optimized Bond ETF during the third quarter worth about $85,000. Altman Advisors Inc. increased its position in shares of iShares Yield Optimized Bond ETF by 18.5% during the second quarter. Altman Advisors Inc. now owns 14,625 shares of the company’s stock worth $324,000 after purchasing an additional 2,287 shares in the last quarter. SYM FINANCIAL Corp lifted its holdings 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 valued at $431,000 after purchasing an additional 628 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in shares of iShares Yield Optimized Bond ETF by 14.0% in the 3rd quarter. Private Advisor Group LLC now owns 19,624 shares of the company’s stock valued at $450,000 after purchasing an additional 2,415 shares during the period.

iShares Yield Optimized Bond ETF Stock Performance

NYSEARCA:BYLD opened at $22.19 on Monday. iShares Yield Optimized Bond ETF has a 52-week low of $21.77 and a 52-week high of $22.97. The stock’s 50 day moving average price is $22.50 and its 200 day moving average price is $22.49.

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.