LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Shares Sold by Redwood Investment Management LLC

Redwood Investment Management LLC lowered its stake in shares of LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) by 6.5% during the third quarter, HoldingsChannel reports. The firm owned 849,053 shares of the company’s stock after selling 58,971 shares during the quarter. LeaderShares Dynamic Yield ETF makes up 1.7% of Redwood Investment Management LLC’s investment portfolio, making the stock its 8th largest position. Redwood Investment Management LLC owned approximately 0.26% of LeaderShares Dynamic Yield ETF worth $19,459,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Private Advisor Group LLC increased its position in LeaderShares Dynamic Yield ETF by 3.4% during the 2nd quarter. Private Advisor Group LLC now owns 127,925 shares of the company’s stock worth $2,871,000 after buying an additional 4,219 shares during the period.

LeaderShares Dynamic Yield ETF Trading Up 0.2 %

DYLD stock opened at $22.81 on Thursday. LeaderShares Dynamic Yield ETF has a fifty-two week low of $22.20 and a fifty-two week high of $23.15. The business’s fifty day moving average price is $22.77 and its two-hundred day moving average price is $22.71.

LeaderShares Dynamic Yield ETF Profile

The LeaderShares Dynamic Yield ETF (DYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified, global fixed income securities that seeks to capture higher yields through a proprietary risk-reward scheme. DYLD was launched on Jun 28, 2021 and is managed by LeaderShares.