LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Shares Sold by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC decreased its holdings in LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) by 17.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 108,444 shares of the company’s stock after selling 22,372 shares during the period. Perennial Investment Advisors LLC’s holdings in LeaderShares Dynamic Yield ETF were worth $2,434,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DYLD. Private Advisor Group LLC raised its holdings in LeaderShares Dynamic Yield ETF by 1.8% in the 1st quarter. Private Advisor Group LLC now owns 123,706 shares of the company’s stock valued at $2,790,000 after acquiring an additional 2,185 shares during the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in LeaderShares Dynamic Yield ETF in the 1st quarter valued at about $498,000. Finally, Great Valley Advisor Group Inc. acquired a new stake in LeaderShares Dynamic Yield ETF in the 2nd quarter valued at about $594,000.

LeaderShares Dynamic Yield ETF Price Performance

LeaderShares Dynamic Yield ETF stock opened at $23.04 on Tuesday. The firm has a 50 day simple moving average of $22.76 and a 200-day simple moving average of $22.58. LeaderShares Dynamic Yield ETF has a 1-year low of $21.51 and a 1-year high of $23.15.

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.