Burke & Herbert Bank & Trust Co. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,174 shares of the exchange traded fund’s stock, valued at approximately $863,000.
Several other large investors have also modified their holdings of HYG. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,118 shares of the exchange traded fund’s stock worth $249,000 after buying an additional 128 shares during the period. Washington Trust Advisors Inc. raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 0.3% in the 2nd quarter. Washington Trust Advisors Inc. now owns 63,034 shares of the exchange traded fund’s stock worth $5,041,000 after acquiring an additional 173 shares during the period. 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 acquiring an additional 214 shares during the last quarter. Manning & Napier Advisors LLC lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 3.8% during the 1st quarter. Manning & Napier Advisors LLC now owns 6,483 shares of the exchange traded fund’s stock worth $516,000 after acquiring an additional 237 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 2.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 21,400 shares of the exchange traded fund’s stock worth $1,703,000 after acquiring an additional 530 shares during the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.1%
HYG stock traded down $0.05 during mid-day trading on Friday, reaching $77.23. 31,778,277 shares of the stock traded hands, compared to its average volume of 44,025,469. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $76.39 and a 52 week high of $81.24. The business has a 50-day moving average of $77.80 and a two-hundred day moving average of $79.44. The firm has a market capitalization of $17.71 billion, a PE ratio of 10.79 and a beta of 0.42.
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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