Strategic Investment Advisors MI lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,679 shares of the exchange traded fund’s stock after buying an additional 10,475 shares during the quarter. Strategic Investment Advisors MI owned approximately 0.06% of iShares iBoxx $ High Yield Corporate Bond ETF worth $9,521,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in HYG. Jump Financial LLC grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 335.3% in the fourth quarter. Jump Financial LLC now owns 720,900 shares of the exchange traded fund’s stock valued at $58,126,000 after purchasing an additional 1,027,275 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 18.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,818,659 shares of the exchange traded fund’s stock worth $147,320,000 after purchasing an additional 282,574 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 142.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 420,126 shares of the exchange traded fund’s stock worth $33,875,000 after purchasing an additional 246,871 shares during the last quarter. iA Global Asset Management Inc. lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 16.8% in the 4th quarter. iA Global Asset Management Inc. now owns 1,300,125 shares of the exchange traded fund’s stock valued at $104,829,000 after buying an additional 186,734 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth about $11,982,000.
iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.2%
NYSEARCA:HYG opened at $79.24 on Thursday. The stock has a 50 day moving average of $79.77 and a two-hundred day moving average of $80.10. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $78.57 and a 12 month high of $81.36. The firm has a market cap of $15.89 billion, a P/E ratio of 10.79 and a beta of 0.39.
iShares iBoxx $ High Yield Corporate Bond ETF 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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