Ameriflex Group Inc. Trims Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Ameriflex Group Inc. reduced its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 8.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,587 shares of the exchange traded fund’s stock after selling 247 shares during the quarter. Ameriflex Group Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $208,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in HYG. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 17.2% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,374 shares of the exchange traded fund’s stock valued at $266,000 after acquiring an additional 495 shares in the last quarter. City Holding Co. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 14.9% in the first quarter. City Holding Co. now owns 22,119 shares of the exchange traded fund’s stock valued at $1,745,000 after acquiring an additional 2,875 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 330.8% in the first quarter. Farther Finance Advisors LLC now owns 22,138 shares of the exchange traded fund’s stock valued at $1,742,000 after acquiring an additional 16,999 shares in the last quarter. Sanibel Captiva Trust Company Inc. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.8% in the first quarter. Sanibel Captiva Trust Company Inc. now owns 18,703 shares of the exchange traded fund’s stock valued at $1,475,000 after acquiring an additional 155 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.4% in the first quarter. Farmers & Merchants Investments Inc. now owns 171,586 shares of the exchange traded fund’s stock valued at $13,536,000 after acquiring an additional 709 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.1%

Shares of NYSEARCA:HYG opened at $80.84 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 52-week low of $75.08 and a 52-week high of $81.36. The stock’s fifty day simple moving average is $80.73 and its 200-day simple moving average is $79.64. The company has a market capitalization of $18.50 billion, a P/E ratio of 10.79 and a beta of 0.43.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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.