59,295 Shares in iShares iBoxx $ High Yield Corporate Bond ETF $HYG Acquired by Central Bank & Trust Co.

Central Bank & Trust Co. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 59,295 shares of the exchange traded fund’s stock, valued at approximately $4,578,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aventus Investment Advisors Inc. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 1.5% during the 3rd quarter. Aventus Investment Advisors Inc. now owns 14,949 shares of the exchange traded fund’s stock worth $1,154,000 after buying an additional 214 shares in the last quarter. CoreCap Advisors LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 47.1% in the third quarter. CoreCap Advisors LLC now owns 9,311 shares of the exchange traded fund’s stock valued at $719,000 after buying an additional 2,981 shares during the period. Worth Asset Management LLC raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.5% in the 3rd quarter. Worth Asset Management LLC now owns 79,221 shares of the exchange traded fund’s stock valued at $6,117,000 after acquiring an additional 2,672 shares during the period. MassMutual Private Wealth & Trust FSB acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at $154,000. Finally, Stairway Partners LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter worth about $27,512,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

HYG stock traded up $0.07 during trading hours on Friday, reaching $77.20. 13,989,811 shares of the stock were exchanged, compared to its average volume of 43,042,680. The company has a market cap of $17.93 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The firm’s 50-day moving average is $78.83 and its 200-day moving average is $79.47. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $76.39 and a 12 month high of $81.33.

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.