iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Shares Acquired by City Holding Co.

City Holding Co. lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 21.9% during the second quarter, HoldingsChannel.com reports. The firm owned 15,573 shares of the exchange traded fund’s stock after purchasing an additional 2,799 shares during the period. City Holding Co.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,201,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wetzel Investment Advisors Inc. acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at about $26,000. Able Wealth Management LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at about $39,000. American National Bank grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 13,150.0% in the 4th quarter. American National Bank now owns 530 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 526 shares during the last quarter. Pathway Financial Advisers LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter valued at about $41,000. Finally, Tidemark LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at about $44,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

NYSEARCA HYG traded down $0.01 during trading hours on Friday, reaching $77.97. The company’s stock had a trading volume of 29,759,928 shares, compared to its average volume of 37,242,238. The stock has a market cap of $14.88 billion, a PE 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 $78.60. The company’s 50-day moving average is $77.55 and its two-hundred day moving average is $77.23.

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.