Rossby Financial LCC Acquires Shares of 10,449 iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Rossby Financial LCC acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,449 shares of the company’s stock, valued at approximately $445,000.

Several other institutional investors have also modified their holdings of the company. Ninety One UK Ltd grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 17.7% in the 4th quarter. Ninety One UK Ltd now owns 423,751 shares of the company’s stock valued at $18,056,000 after buying an additional 63,779 shares during the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 0.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 303,830 shares of the company’s stock worth $12,946,000 after purchasing an additional 1,807 shares during the last quarter. RiverFront Investment Group LLC lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 15.9% in the 4th quarter. RiverFront Investment Group LLC now owns 278,320 shares of the company’s stock valued at $11,859,000 after purchasing an additional 38,221 shares during the last quarter. Waterloo Capital L.P. boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 13.3% in the 4th quarter. Waterloo Capital L.P. now owns 215,053 shares of the company’s stock valued at $9,163,000 after purchasing an additional 25,240 shares during the period. Finally, Kiely Wealth Advisory Group Inc. grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 14.5% during the 4th quarter. Kiely Wealth Advisory Group Inc. now owns 182,476 shares of the company’s stock worth $7,850,000 after buying an additional 23,153 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Up 0.5 %

SHYG opened at $41.54 on Tuesday. iShares 0-5 Year High Yield Corporate Bond ETF has a 52 week low of $40.38 and a 52 week high of $43.45. The business’s 50 day moving average is $42.55 and its two-hundred day moving average is $42.83. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 10.83 and a beta of 0.36.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.