SVB Wealth LLC Sells 997 Shares of iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

SVB Wealth LLC lowered its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 1.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,841 shares of the company’s stock after selling 997 shares during the quarter. SVB Wealth LLC owned 0.06% of iShares 0-5 Year High Yield Corporate Bond ETF worth $3,437,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SHYG. Financial Gravity Asset Management Inc. bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter valued at $18,788,000. Motley Fool Wealth Management LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 83.1% in the 1st quarter. Motley Fool Wealth Management LLC now owns 640,052 shares of the company’s stock valued at $27,215,000 after purchasing an additional 290,455 shares during the period. Bank of New York Mellon Corp grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 24.3% in the 1st quarter. Bank of New York Mellon Corp now owns 815,251 shares of the company’s stock valued at $34,664,000 after purchasing an additional 159,611 shares during the period. Pacer Advisors Inc. bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter valued at $1,998,000. Finally, Graypoint LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 32.5% in the 1st quarter. Graypoint LLC now owns 174,228 shares of the company’s stock valued at $7,408,000 after purchasing an additional 42,767 shares during the period.

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

Shares of NYSEARCA:SHYG opened at $43.20 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 $43.45. The business has a fifty day moving average price of $42.92 and a two-hundred day moving average price of $42.62. The company has a market capitalization of $6.93 billion, a PE ratio of 10.74 and a beta of 0.34.

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.