Coastline Trust Co Makes New Investment in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Coastline Trust Co acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 4,140 shares of the exchange traded fund’s stock, valued at approximately $319,000.

Several other institutional investors have also recently modified their holdings of HYG. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.4% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 126,334 shares of the exchange traded fund’s stock valued at $9,777,000 after purchasing an additional 5,300 shares during the period. S. R. Schill & Associates bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth $213,000. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth $26,000. Syon Capital LLC lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 440.0% during the fourth quarter. Syon Capital LLC now owns 25,352 shares of the exchange traded fund’s stock valued at $1,962,000 after purchasing an additional 20,657 shares in the last quarter. Finally, J.Safra Asset Management Corp lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 1.2% during the fourth quarter. J.Safra Asset Management Corp now owns 86,084 shares of the exchange traded fund’s stock valued at $6,662,000 after purchasing an additional 987 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock traded up $0.01 during trading hours on Monday, hitting $77.98. The company’s stock had a trading volume of 13,908,038 shares, compared to its average volume of 37,090,719. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $71.68 and a 12-month high of $78.60. The business has a 50 day moving average price of $77.55 and a two-hundred day moving average price of $77.23. The company 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 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.