Strive Asset Management LLC Buys Shares of 12,715 iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Strive Asset Management LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,715 shares of the exchange traded fund’s stock, valued at approximately $1,000,000.

A number of other hedge funds also recently bought and sold shares of the company. Pinnacle Wealth Planning Services Inc. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 264.6% in the fourth quarter. Pinnacle Wealth Planning Services Inc. now owns 11,624 shares of the exchange traded fund’s stock valued at $914,000 after purchasing an additional 8,436 shares during the last quarter. Madison Investment Advisors LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $464,000. Private Trust Co. NA raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 29.9% during the fourth quarter. Private Trust Co. NA now owns 7,148 shares of the exchange traded fund’s stock valued at $562,000 after acquiring an additional 1,645 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.7% during the fourth quarter. TD Private Client Wealth LLC now owns 59,707 shares of the exchange traded fund’s stock valued at $4,696,000 after acquiring an additional 2,686 shares in the last quarter. Finally, Hirtle Callaghan & Co LLC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 4.5% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 12,841 shares of the exchange traded fund’s stock worth $1,010,000 after purchasing an additional 550 shares during the period.

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

Shares of HYG stock opened at $79.42 on Friday. The stock has a market cap of $14.26 billion, a price-to-earnings ratio of 10.84 and a beta of 0.41. The business’s fifty day moving average is $78.32 and its 200 day moving average is $79.01. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $75.08 and a twelve month high of $80.37.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.