Strategic Investment Advisors MI Increases Position in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Strategic Investment Advisors MI boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 27.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,224 shares of the company’s stock after acquiring an additional 12,381 shares during the quarter. 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 filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.5% during the 4th quarter. Sound Income Strategies LLC now owns 1,035,730 shares of the company’s stock valued at $44,588,000 after buying an additional 34,667 shares in the last quarter. FSA Advisors Inc. bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 4th quarter worth approximately $2,029,000. Financial Gravity Asset Management Inc. boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 7.4% in the fourth quarter. Financial Gravity Asset Management Inc. now owns 526,684 shares of the company’s stock worth $22,579,000 after buying an additional 36,272 shares in the last quarter. Argent Advisors Inc. purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the fourth quarter worth approximately $603,000. Finally, SG Americas Securities LLC bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the first quarter valued at approximately $1,254,000.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance

SHYG stock opened at $42.04 on Thursday. The company has a market capitalization 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 one year low of $41.83 and a one year high of $43.39. The company’s 50 day moving average price is $42.30 and its two-hundred day moving average price is $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.