iShares 0-5 Year High Yield Corporate Bond ETF $SHYG Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC trimmed its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 9.7% in the second quarter, Holdings Channel.com reports. The fund owned 578,233 shares of the company’s stock after selling 61,819 shares during the period. iShares 0-5 Year High Yield Corporate Bond ETF comprises 1.5% of Motley Fool Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. Motley Fool Wealth Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $24,945,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Richardson Capital Management LLC raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 12.8% during the 1st quarter. Richardson Capital Management LLC now owns 2,222 shares of the company’s stock worth $94,000 after buying an additional 253 shares during the period. Vantage Financial Partners LLC raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 2.2% during the 1st quarter. Vantage Financial Partners LLC now owns 12,500 shares of the company’s stock worth $531,000 after buying an additional 267 shares during the period. Jackson Creek Investment Advisors LLC raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 1.0% during the 1st quarter. Jackson Creek Investment Advisors LLC now owns 48,244 shares of the company’s stock worth $2,051,000 after buying an additional 465 shares during the period. Wells Financial Advisors INC raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 29.0% during the 1st quarter. Wells Financial Advisors INC now owns 2,135 shares of the company’s stock worth $91,000 after buying an additional 480 shares during the period. Finally, Ameriflex Group Inc. raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 30.6% during the 2nd quarter. Ameriflex Group Inc. now owns 2,059 shares of the company’s stock worth $89,000 after buying an additional 482 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.3%

NYSEARCA SHYG opened at $43.29 on Tuesday. The stock’s 50-day moving average price is $43.13 and its two-hundred day moving average price is $42.78. The company has a market cap of $7.59 billion, a PE ratio of 10.74 and a beta of 0.30. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $40.38 and a 1 year high of $43.39.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield USD-denominated bonds with 0-5 years remaining in maturity. SHYG was launched on Oct 15, 2013 and is managed by BlackRock.