Montecito Bank & Trust bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,102 shares of the company’s stock, valued at approximately $827,000.
Several other large investors have also added to or reduced their stakes in SHYG. TD Private Client Wealth LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter valued at $45,000. WFA of San Diego LLC purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth about $47,000. Ameriflex Group Inc. boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 30.6% during the 2nd quarter. Ameriflex Group Inc. now owns 2,059 shares of the company’s stock valued at $89,000 after purchasing an additional 482 shares in the last quarter. FWL Investment Management LLC increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1,291.0% during the second quarter. FWL Investment Management LLC now owns 2,156 shares of the company’s stock valued at $93,000 after buying an additional 2,001 shares during the period. Finally, GoalVest Advisory LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the second quarter valued at about $113,000.
iShares 0-5 Year High Yield Corporate Bond ETF Price Performance
SHYG stock opened at $43.00 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $40.38 and a 1 year high of $43.39. The firm has a 50-day moving average of $42.91 and a 200 day moving average of $42.95. The company has a market cap of $7.89 billion, a P/E ratio of 10.74 and a beta of 0.30.
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.
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