Sierra Capital LLC Has $1.26 Million Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Sierra Capital LLC lessened its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 32.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,746 shares of the exchange traded fund’s stock after selling 7,661 shares during the period. Sierra Capital LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,264,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Lazard Asset Management LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter worth $3,022,000. First Horizon Advisors Inc. boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 8.5% during the second quarter. First Horizon Advisors Inc. now owns 7,377 shares of the exchange traded fund’s stock valued at $569,000 after purchasing an additional 577 shares during the last quarter. Rosenberg Matthew Hamilton boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% during the second quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 334 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 1.3% during the second quarter. Farmers & Merchants Investments Inc. now owns 149,836 shares of the exchange traded fund’s stock valued at $11,558,000 after purchasing an additional 1,921 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 93.6% during the first quarter. Kingswood Wealth Advisors LLC now owns 15,240 shares of the exchange traded fund’s stock valued at $1,185,000 after purchasing an additional 7,370 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.2 %

NYSEARCA HYG traded down $0.16 during trading on Tuesday, hitting $79.32. 16,990,087 shares of the company traded hands, compared to its average volume of 36,390,875. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $71.68 and a 12 month high of $80.37. The business has a fifty day simple moving average of $79.47 and a 200 day simple moving average of $78.00. The company has a market capitalization of $15.13 billion, a P/E ratio of 9.60 and a beta of 0.36.

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.