Strategic Investment Advisors MI lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 9.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 119,679 shares of the exchange traded fund’s stock after purchasing an additional 10,475 shares during the period. Strategic Investment Advisors MI’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $9,521,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. NewEdge Advisors LLC boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 130.8% during the 1st quarter. NewEdge Advisors LLC now owns 17,128 shares of the exchange traded fund’s stock worth $1,351,000 after purchasing an additional 9,708 shares during the last quarter. Tolleson Wealth Management Inc. increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 15.7% in the second quarter. Tolleson Wealth Management Inc. now owns 7,259 shares of the exchange traded fund’s stock valued at $585,000 after purchasing an additional 987 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter worth $1,603,000. Seven Mile Advisory purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at $297,000. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 18.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,818,659 shares of the exchange traded fund’s stock worth $147,320,000 after acquiring an additional 282,574 shares during the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.2%
Shares of HYG stock opened at $79.24 on Thursday. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $78.57 and a twelve month high of $81.36. The company’s 50-day moving average price is $79.77 and its 200-day moving average price is $80.10. The stock has a market cap of $15.89 billion, a price-to-earnings ratio of 10.79 and a beta of 0.39.
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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.
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Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report).
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