Sonata Capital Group Inc. Acquires Shares of 7,285 iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Sonata Capital Group Inc. bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,285 shares of the exchange traded fund’s stock, valued at approximately $585,000.

Several other hedge funds and other institutional investors also recently modified their holdings of HYG. Viewpoint Capital Management LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter worth about $28,000. Anfield Capital Management LLC lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 46.7% during the 2nd quarter. Anfield Capital Management LLC now owns 465 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 148 shares during the last quarter. Pathway Financial Advisers LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter worth approximately $41,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $70,000. Finally, Rosenberg Matthew Hamilton increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 334 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

HYG traded up $0.08 during trading hours on Friday, hitting $79.75. 6,255,209 shares of the stock were exchanged, compared to its average volume of 36,401,594. The stock has a market cap of $15.22 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. The stock has a 50-day simple moving average of $79.54 and a 200-day simple moving average of $78.23. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $73.68 and a 12 month high of $80.37.

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.