iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. trimmed its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 31.9% during the fourth quarter, Holdings Channel reports. The firm owned 66,872 shares of the exchange traded fund’s stock after selling 31,312 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $5,259,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.5% during the 4th quarter. Ameriprise Financial Inc. now owns 1,657,223 shares of the exchange traded fund’s stock worth $130,426,000 after purchasing an additional 72,044 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 32.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 54,384 shares of the exchange traded fund’s stock worth $4,277,000 after buying an additional 13,397 shares in the last quarter. State of Tennessee Department of Treasury raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 67.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 2,330,908 shares of the exchange traded fund’s stock worth $183,326,000 after acquiring an additional 940,923 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at $1,257,000. Finally, Rossby Financial LCC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at $1,307,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.1 %

Shares of HYG stock opened at $78.55 on Friday. The company has a market capitalization of $14.11 billion, a price-to-earnings ratio of 10.84 and a beta of 0.41. The firm has a 50-day moving average price of $78.31 and a 200 day moving average price of $79.02. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $75.08 and a twelve month high of $80.37.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

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.