SVB Wealth LLC Sells 9,641 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

SVB Wealth LLC trimmed its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 23.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,215 shares of the exchange traded fund’s stock after selling 9,641 shares during the period. SVB Wealth LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,416,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of HYG. GoalVest Advisory LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth $39,000. Retirement Group LLC boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 926.9% in the fourth quarter. Retirement Group LLC now owns 534 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 482 shares in the last quarter. Fairfield Bush & CO. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter worth $40,000. Sunbelt Securities Inc. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter worth $56,000. Finally, Stonebridge Capital Advisors LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the first quarter valued at $62,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.1 %

Shares of HYG opened at $75.77 on Thursday. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $71.68 and a 12-month high of $78.08. The firm has a market capitalization of $15.20 billion, a PE ratio of 9.33 and a beta of 0.43. The stock’s fifty day simple moving average is $77.12 and its 200-day simple moving average is $76.00.

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.