Copia Wealth Management Sells 7,320 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Copia Wealth Management cut its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 43.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,711 shares of the exchange traded fund’s stock after selling 7,320 shares during the period. Copia Wealth Management’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $783,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. J.Safra Asset Management Corp lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 5.1% in the second quarter. J.Safra Asset Management Corp now owns 110,764 shares of the exchange traded fund’s stock valued at $8,899,000 after buying an additional 5,334 shares during the period. Richardson Financial Services Inc. lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 3.8% in the second quarter. Richardson Financial Services Inc. now owns 29,412 shares of the exchange traded fund’s stock valued at $2,358,000 after buying an additional 1,082 shares during the period. Trust Co. of Toledo NA OH acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter valued at approximately $121,000. Belpointe Asset Management LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 15.2% in the second quarter. Belpointe Asset Management LLC now owns 30,686 shares of the exchange traded fund’s stock valued at $2,475,000 after buying an additional 4,041 shares during the period. Finally, Fortis Capital Advisors LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter valued at approximately $642,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of HYG opened at $80.54 on Wednesday. iShares iBoxx $ High Yield Corporate Bond ETF has a 52-week low of $75.08 and a 52-week high of $81.36. The business’s 50 day moving average price is $80.76 and its two-hundred day moving average price is $79.71. The firm has a market cap of $19.06 billion, a PE ratio of 10.79 and a beta of 0.43.

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.