REAP Financial Group LLC Sells 857 Shares of iShares Yield Optimized Bond ETF $BYLD

REAP Financial Group LLC decreased its stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) by 30.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,002 shares of the company’s stock after selling 857 shares during the period. REAP Financial Group LLC’s holdings in iShares Yield Optimized Bond ETF were worth $45,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC bought a new position in iShares Yield Optimized Bond ETF during the second quarter valued at approximately $185,000. Truist Financial Corp lifted its position in iShares Yield Optimized Bond ETF by 41.4% during the second quarter. Truist Financial Corp now owns 190,900 shares of the company’s stock valued at $4,316,000 after purchasing an additional 55,935 shares during the period. Trivium Point Advisory LLC lifted its position in iShares Yield Optimized Bond ETF by 12.0% during the second quarter. Trivium Point Advisory LLC now owns 299,098 shares of the company’s stock valued at $6,763,000 after purchasing an additional 32,100 shares during the period. Fifth Third Bancorp bought a new position in iShares Yield Optimized Bond ETF during the second quarter valued at approximately $28,000. Finally, AdvisorNet Financial Inc lifted its position in iShares Yield Optimized Bond ETF by 38.5% during the second quarter. AdvisorNet Financial Inc now owns 27,229 shares of the company’s stock valued at $616,000 after purchasing an additional 7,568 shares during the period.

iShares Yield Optimized Bond ETF Stock Performance

BYLD opened at $22.86 on Thursday. iShares Yield Optimized Bond ETF has a 1-year low of $21.55 and a 1-year high of $23.03. The company has a market capitalization of $278.89 million, a PE ratio of 10.76 and a beta of 0.21. The firm’s 50 day simple moving average is $22.78 and its two-hundred day simple moving average is $22.46.

iShares Yield Optimized Bond ETF 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.