Ninety One UK Ltd Has $24.77 Million Stock Position in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Ninety One UK Ltd lowered its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 5.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 577,751 shares of the company’s stock after selling 32,000 shares during the quarter. Ninety One UK Ltd’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $24,768,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SHYG. Ameriprise Financial Inc. increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 397,693 shares of the company’s stock valued at $17,157,000 after acquiring an additional 18,016 shares during the last quarter. WFA of San Diego LLC acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the second quarter worth approximately $47,000. Captrust Financial Advisors increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 24.8% during the second quarter. Captrust Financial Advisors now owns 7,459 shares of the company’s stock worth $322,000 after buying an additional 1,482 shares during the last quarter. Farther Finance Advisors LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 18.7% during the third quarter. Farther Finance Advisors LLC now owns 42,394 shares of the company’s stock worth $1,836,000 after buying an additional 6,683 shares during the last quarter. Finally, Future Financial Wealth Managment LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 14.0% during the third quarter. Future Financial Wealth Managment LLC now owns 70,379 shares of the company’s stock worth $3,047,000 after buying an additional 8,650 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Up 0.4%

Shares of NYSEARCA SHYG opened at $42.71 on Friday. The business’s 50 day moving average price is $42.47 and its two-hundred day moving average price is $42.77. The company has a market cap of $7.55 billion, a PE ratio of 10.74 and a beta of 0.29. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $41.55 and a twelve month high of $43.39.

iShares 0-5 Year High Yield Corporate Bond ETF Company 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.