Valmark Advisers Inc. Purchases New Holdings in iShares Yield Optimized Bond ETF $BYLD

Valmark Advisers Inc. purchased a new stake in shares of iShares Yield Optimized Bond ETF (NYSEARCA:BYLD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,677 shares of the company’s stock, valued at approximately $287,000. Valmark Advisers Inc. owned 0.12% of iShares Yield Optimized Bond ETF as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in BYLD. Farther Finance Advisors LLC acquired a new stake in iShares Yield Optimized Bond ETF during the first quarter valued at approximately $358,000. Dynamic Advisor Solutions LLC boosted its holdings in iShares Yield Optimized Bond ETF by 4.1% during the first quarter. Dynamic Advisor Solutions LLC now owns 34,918 shares of the company’s stock valued at $783,000 after purchasing an additional 1,381 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in iShares Yield Optimized Bond ETF by 10.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 56,420 shares of the company’s stock valued at $1,265,000 after purchasing an additional 5,159 shares in the last quarter. Sigma Planning Corp boosted its holdings in iShares Yield Optimized Bond ETF by 1.1% during the first quarter. Sigma Planning Corp now owns 219,152 shares of the company’s stock valued at $4,914,000 after purchasing an additional 2,313 shares in the last quarter. Finally, Altman Advisors Inc. boosted its holdings in iShares Yield Optimized Bond ETF by 1.6% during the first quarter. Altman Advisors Inc. now owns 256,591 shares of the company’s stock valued at $5,754,000 after purchasing an additional 4,043 shares in the last quarter.

iShares Yield Optimized Bond ETF Trading Down 0.1%

NYSEARCA BYLD opened at $22.78 on Friday. The stock’s 50 day moving average is $22.78 and its two-hundred day moving average is $22.47. The company has a market capitalization of $284.75 million, a price-to-earnings ratio of 10.76 and a beta of 0.21. iShares Yield Optimized Bond ETF has a 1-year low of $21.55 and a 1-year high of $23.03.

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.