Kovitz Investment Group Partners LLC Sells 67,008 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Kovitz Investment Group Partners LLC lowered its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 39.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 102,464 shares of the exchange traded fund’s stock after selling 67,008 shares during the period. Kovitz Investment Group Partners LLC owned about 0.05% of iShares iBoxx $ High Yield Corporate Bond ETF worth $8,059,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of HYG. Harbor Capital Advisors Inc. boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 135.8% in the fourth quarter. Harbor Capital Advisors Inc. now owns 3,919 shares of the exchange traded fund’s stock worth $308,000 after acquiring an additional 2,257 shares during the period. Pinnacle Wealth Planning Services Inc. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 264.6% in the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 11,624 shares of the exchange traded fund’s stock worth $914,000 after purchasing an additional 8,436 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 50.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,842,486 shares of the exchange traded fund’s stock worth $147,952,000 after purchasing an additional 614,400 shares during the period. Madison Investment Advisors LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter valued at approximately $464,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 82.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,879 shares of the exchange traded fund’s stock valued at $226,000 after buying an additional 1,303 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

HYG stock opened at $78.77 on Friday. The company has a market capitalization of $16.53 billion, a PE ratio of 10.46 and a beta of 0.41. The company’s fifty day moving average price is $78.56 and its 200-day moving average price is $79.08. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $75.08 and a one year high of $80.37.

About iShares iBoxx $ High Yield Corporate Bond ETF

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.