Farther Finance Advisors LLC Cuts Position in iShares Morningstar Multi-Asset Income ETF (BATS:IYLD)

Farther Finance Advisors LLC lowered its stake in shares of iShares Morningstar Multi-Asset Income ETF (BATS:IYLD) by 53.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,843 shares of the company’s stock after selling 4,485 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Morningstar Multi-Asset Income ETF were worth $75,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IHT Wealth Management LLC boosted its position in iShares Morningstar Multi-Asset Income ETF by 83.9% during the third quarter. IHT Wealth Management LLC now owns 24,726 shares of the company’s stock worth $511,000 after purchasing an additional 11,279 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares Morningstar Multi-Asset Income ETF during the 3rd quarter worth $136,000. Finally, Jones Financial Companies Lllp raised its stake in shares of iShares Morningstar Multi-Asset Income ETF by 688.3% during the 4th quarter. Jones Financial Companies Lllp now owns 3,492 shares of the company’s stock worth $68,000 after buying an additional 3,049 shares during the last quarter.

iShares Morningstar Multi-Asset Income ETF Trading Up 3.8 %

Shares of BATS IYLD opened at $20.21 on Friday. The stock has a market cap of $113.15 million, a price-to-earnings ratio of 12.45 and a beta of 0.62. The company’s 50-day moving average price is $19.98 and its 200 day moving average price is $20.12. iShares Morningstar Multi-Asset Income ETF has a 52 week low of $19.34 and a 52 week high of $20.81.

About iShares Morningstar Multi-Asset Income ETF

The iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund that is based on the Morningstar Multi-Asset High Income index. The fund tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production. IYLD was launched on Apr 5, 2012 and is managed by BlackRock.