Richardson Financial Services Inc. Purchases 7,635 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Richardson Financial Services Inc. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 26.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,047 shares of the exchange traded fund’s stock after acquiring an additional 7,635 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 1.9% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 10th largest holding. Richardson Financial Services Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,008,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of HYG. JPMorgan Chase & Co. lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 255.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,234,868 shares of the exchange traded fund’s stock valued at $825,442,000 after purchasing an additional 7,358,059 shares during the last quarter. BNP Paribas increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 296.1% during the second quarter. BNP Paribas now owns 4,535,242 shares of the exchange traded fund’s stock worth $365,767,000 after buying an additional 3,390,278 shares during the last quarter. SG Americas Securities LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1,615.2% in the second quarter. SG Americas Securities LLC now owns 430,874 shares of the exchange traded fund’s stock valued at $34,750,000 after buying an additional 405,753 shares during the period. Stairway Partners LLC lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.4% in the third quarter. Stairway Partners LLC now owns 324,745 shares of the exchange traded fund’s stock valued at $26,366,000 after buying an additional 13,657 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 829.9% in the third quarter. Farther Finance Advisors LLC now owns 203,816 shares of the exchange traded fund’s stock valued at $16,548,000 after buying an additional 181,899 shares during the last quarter.

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

HYG stock opened at $81.09 on Friday. The firm has a market capitalization of $18.82 billion, a PE ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.08 and a 1-year high of $81.36. The business’s 50 day simple moving average is $80.65 and its 200 day simple moving average is $80.62.

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.