Waterloo Capital L.P. Boosts Holdings in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Waterloo Capital L.P. grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 7.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 235,112 shares of the company’s stock after buying an additional 15,832 shares during the quarter. Waterloo Capital L.P. owned 0.13% of iShares 0-5 Year High Yield Corporate Bond ETF worth $10,180,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SHYG. WFA of San Diego LLC acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $47,000. FWL Investment Management LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 1,291.0% in the second quarter. FWL Investment Management LLC now owns 2,156 shares of the company’s stock valued at $93,000 after acquiring an additional 2,001 shares during the period. GoalVest Advisory LLC purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter worth $113,000. Winnow Wealth LLC acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth $127,000. Finally, Bessemer Group Inc. purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter valued at about $131,000.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.1%

Shares of SHYG opened at $42.72 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $40.38 and a twelve month high of $43.39. The firm has a market capitalization of $8.09 billion, a P/E ratio of 10.74 and a beta of 0.30. The firm’s 50-day moving average is $42.94 and its two-hundred day moving average is $43.00.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.