Manning & Napier Advisors LLC Takes Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Manning & Napier Advisors LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,218 shares of the exchange traded fund’s stock, valued at approximately $480,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lazard Asset Management LLC bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter worth $3,022,000. Ethos Financial Group LLC bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth $1,305,000. American National Bank grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 13,150.0% in the fourth quarter. American National Bank now owns 530 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 526 shares during the last quarter. Syon Capital LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 440.0% in the fourth quarter. Syon Capital LLC now owns 25,352 shares of the exchange traded fund’s stock worth $1,962,000 after purchasing an additional 20,657 shares during the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 38.5% in the fourth quarter. Fisher Asset Management LLC now owns 147,516 shares of the exchange traded fund’s stock worth $11,416,000 after purchasing an additional 41,005 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.0 %

HYG traded down $0.01 during trading on Friday, reaching $77.97. 29,389,714 shares of the stock traded hands, compared to its average volume of 37,242,238. The stock has a market capitalization of $14.88 billion, a PE ratio of 9.60 and a beta of 0.36. The stock’s 50-day moving average is $77.54 and its 200 day moving average is $77.22. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $71.68 and a 12 month high of $78.60.

iShares iBoxx $ High Yield Corporate Bond ETF 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.