Massmutual Trust Co. FSB ADV Increases Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Massmutual Trust Co. FSB ADV increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 29.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,223 shares of the exchange traded fund’s stock after buying an additional 725 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NYL Investors LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 6.8% in the fourth quarter. NYL Investors LLC now owns 8,312,500 shares of the exchange traded fund’s stock worth $643,304,000 after acquiring an additional 532,000 shares during the period. Allstate Corp grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 6.0% in the first quarter. Allstate Corp now owns 1,581,525 shares of the exchange traded fund’s stock worth $122,932,000 after acquiring an additional 89,667 shares during the period. Stairway Partners LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 3.3% in the second quarter. Stairway Partners LLC now owns 249,904 shares of the exchange traded fund’s stock worth $19,278,000 after acquiring an additional 7,870 shares during the period. Cullen Frost Bankers Inc. lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 188.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 245,255 shares of the exchange traded fund’s stock worth $18,980,000 after purchasing an additional 160,327 shares in the last quarter. Finally, Worth Asset Management LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 45.4% during the first quarter. Worth Asset Management LLC now owns 166,498 shares of the exchange traded fund’s stock worth $12,942,000 after purchasing an additional 52,015 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.6 %

iShares iBoxx $ High Yield Corporate Bond ETF stock traded down $0.48 during midday trading on Monday, reaching $77.22. The company’s stock had a trading volume of 104,280,785 shares, compared to its average volume of 37,050,363. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $71.68 and a fifty-two week high of $78.60. The company has a market cap of $14.73 billion, a P/E ratio of 9.60 and a beta of 0.36. The business has a 50-day simple moving average of $77.48 and a 200-day simple moving average of $77.21.

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.