First Horizon Advisors Inc. Acquires 10,523 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

First Horizon Advisors Inc. lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 141.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 17,939 shares of the exchange traded fund’s stock after purchasing an additional 10,523 shares during the period. First Horizon Advisors Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,388,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Integrated Wealth Concepts LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 900.2% in the third quarter. Integrated Wealth Concepts LLC now owns 330,031 shares of the exchange traded fund’s stock worth $24,330,000 after buying an additional 297,034 shares in the last quarter. Money Design Co. Ltd. lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 7,270.4% in the 3rd quarter. Money Design Co. Ltd. now owns 130,898 shares of the exchange traded fund’s stock valued at $9,650,000 after purchasing an additional 129,122 shares during the period. Worth Asset Management LLC boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2,774.3% during the fourth quarter. Worth Asset Management LLC now owns 114,483 shares of the exchange traded fund’s stock valued at $8,860,000 after purchasing an additional 110,500 shares in the last quarter. Prime Capital Investment Advisors LLC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 729.9% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 123,269 shares of the exchange traded fund’s stock worth $9,540,000 after purchasing an additional 108,416 shares during the period. Finally, Pinkerton Retirement Specialists LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth $7,517,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.4 %

Shares of HYG stock opened at $77.08 on Friday. The company’s fifty day moving average price is $76.98 and its 200-day moving average price is $76.26. The stock has a market cap of $14.45 billion, a PE ratio of 9.48 and a beta of 0.35. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $71.68 and a 12 month high of $78.08.

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.