RPg Family Wealth Advisory LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 1,340 shares of the exchange traded fund’s stock, valued at approximately $108,000.
Several other hedge funds have also added to or reduced their stakes in the company. First Horizon Advisors Inc. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 8.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 7,377 shares of the exchange traded fund’s stock worth $569,000 after purchasing an additional 577 shares during the last quarter. Rosenberg Matthew Hamilton grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% in the second quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 334 shares during the period. Farmers & Merchants Investments Inc. increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.3% in the second quarter. Farmers & Merchants Investments Inc. now owns 149,836 shares of the exchange traded fund’s stock worth $11,558,000 after acquiring an additional 1,921 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 77.0% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 1,473 shares of the exchange traded fund’s stock worth $114,000 after purchasing an additional 641 shares during the period. Finally, Stairway Partners LLC lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 19.0% during the 3rd quarter. Stairway Partners LLC now owns 297,484 shares of the exchange traded fund’s stock valued at $23,888,000 after purchasing an additional 47,580 shares in the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance
Shares of HYG stock opened at $79.88 on Thursday. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $75.05 and a 52 week high of $80.37. The company’s 50 day moving average price is $79.59 and its two-hundred day moving average price is $78.52. The company has a market capitalization of $15.24 billion, a P/E ratio of 9.60 and a beta of 0.36.
About iShares iBoxx $ High Yield Corporate Bond ETF
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.
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