Washington Trust Advisors Inc. Acquires 4,040 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Washington Trust Advisors Inc. increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 7.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,758 shares of the exchange traded fund’s stock after purchasing an additional 4,040 shares during the quarter. Washington Trust Advisors Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $4,464,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. WR Wealth Planners LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 48.2% during the fourth quarter. WR Wealth Planners LLC now owns 406 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 132 shares in the last quarter. RPg Family Wealth Advisory LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter worth about $108,000. YANKCOM Partnership acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at approximately $109,000. Union Savings Bank acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at approximately $137,000. Finally, Providence First Trust Co acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at approximately $199,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.62 on Thursday. The business has a 50 day moving average of $79.40 and a 200-day moving average of $79.44. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.59 and a 1 year high of $80.37. The company has a market capitalization of $15.20 billion, a P/E ratio of 16.45 and a beta of 0.46.

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.