Burns J W & Co. Inc. NY Has $633,000 Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Burns J W & Co. Inc. NY trimmed its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 7.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,148 shares of the exchange traded fund’s stock after selling 625 shares during the period. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $633,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HYG. NYL Investors LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 6.8% during the 4th quarter. NYL Investors LLC now owns 8,312,500 shares of the exchange traded fund’s stock worth $643,304,000 after purchasing an additional 532,000 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 900.2% during 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. Cullen Frost Bankers Inc. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 188.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 245,255 shares of the exchange traded fund’s stock valued at $18,980,000 after buying an additional 160,327 shares during the last quarter. Stairway Partners LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1.9% in the 1st quarter. Stairway Partners LLC now owns 242,034 shares of the exchange traded fund’s stock valued at $18,813,000 after acquiring an additional 4,401 shares in the last quarter. Finally, Worth Asset Management LLC boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 45.4% during the 1st quarter. Worth Asset Management LLC now owns 166,498 shares of the exchange traded fund’s stock worth $12,942,000 after acquiring an additional 52,015 shares during the last quarter.

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

Shares of NYSEARCA HYG traded down $0.19 during midday trading on Friday, reaching $77.14. The company’s stock had a trading volume of 34,951,989 shares, compared to its average volume of 37,010,836. The stock has a 50 day simple moving average of $77.02 and a 200-day simple moving average of $77.11. The stock has a market capitalization of $14.72 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $71.68 and a fifty-two week high of $78.08.

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.