Strategic Investment Advisors MI lifted its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) by 27.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,224 shares of the company’s stock after buying an additional 12,381 shares during the period. Strategic Investment Advisors MI’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $2,421,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 31.0% during the 1st quarter. Bank of New York Mellon Corp now owns 1,149,340 shares of the company’s stock valued at $48,629,000 after acquiring an additional 272,163 shares during the period. Sound Income Strategies LLC increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 3.5% in the 4th quarter. Sound Income Strategies LLC now owns 1,035,730 shares of the company’s stock worth $44,588,000 after purchasing an additional 34,667 shares during the period. Financial Gravity Asset Management Inc. increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 7.4% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 526,684 shares of the company’s stock worth $22,579,000 after purchasing an additional 36,272 shares during the period. Loomis Sayles & Co. L P lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 22.1% in the fourth quarter. Loomis Sayles & Co. L P now owns 466,000 shares of the company’s stock valued at $19,977,000 after purchasing an additional 84,500 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 8.7% in the third quarter. Ameriprise Financial Inc. now owns 432,109 shares of the company’s stock valued at $18,710,000 after purchasing an additional 34,416 shares during the last quarter.
iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance
NYSEARCA:SHYG opened at $42.04 on Thursday. The firm has a market cap of $7.60 billion, a PE ratio of 10.74 and a beta of 0.28. iShares 0-5 Year High Yield Corporate Bond ETF has a fifty-two week low of $41.83 and a fifty-two week high of $43.39. The business has a 50 day moving average price of $42.30 and a 200-day moving average price of $42.49.
iShares 0-5 Year High Yield Corporate Bond ETF 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.
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