L & S Advisors Inc purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 25,246 shares of the exchange traded fund’s stock, valued at approximately $2,036,000.
Other hedge funds have also recently made changes to their positions in the company. Triumph Capital Management bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at approximately $38,000. High Point Wealth Management LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth approximately $38,000. Root Financial Partners LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth approximately $40,000. Cornerstone Planning Group LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter valued at $59,000. Finally, FNY Investment Advisers LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 116.7% during the 3rd quarter. FNY Investment Advisers LLC now owns 1,300 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 700 shares during the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Price Performance
NYSEARCA HYG opened at $79.46 on Monday. The stock has a market capitalization of $16.99 billion, a price-to-earnings ratio of 10.79 and a beta of 0.40. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $78.57 and a 1-year high of $81.36. The business’s fifty day moving average price is $79.86 and its 200-day moving average price is $80.41.
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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.
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