iShares 0-5 Year High Yield Corporate Bond ETF $SHYG Stake Lifted by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 0.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 818,046 shares of the company’s stock after buying an additional 2,795 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $35,291,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Hunter Associates Investment Management LLC boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 8.8% during the 2nd quarter. Hunter Associates Investment Management LLC now owns 9,753 shares of the company’s stock valued at $422,000 after purchasing an additional 789 shares during the period. Arkadios Wealth Advisors raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 10.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 112,380 shares of the company’s stock valued at $4,848,000 after acquiring an additional 10,413 shares in the last quarter. GoalVest Advisory LLC acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the second quarter valued at $113,000. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.2% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 77,500 shares of the company’s stock valued at $3,343,000 after purchasing an additional 1,650 shares in the last quarter. Finally, Alexis Investment Partners LLC acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter worth about $3,044,000.

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

iShares 0-5 Year High Yield Corporate Bond ETF stock opened at $42.73 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 52 week low of $40.38 and a 52 week high of $43.39. The stock has a market cap of $7.84 billion, a price-to-earnings ratio of 10.74 and a beta of 0.30. The company’s 50-day moving average price is $43.07 and its two-hundred day moving average price is $42.87.

iShares 0-5 Year High Yield Corporate Bond ETF 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.