iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Shares Purchased by Richardson Capital Management LLC

Richardson Capital Management LLC lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 43.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,540 shares of the company’s stock after acquiring an additional 467 shares during the quarter. Richardson Capital Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $67,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 7.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 88,614 shares of the company’s stock worth $3,848,000 after acquiring an additional 5,852 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 1.9% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 26,349 shares of the company’s stock worth $1,144,000 after acquiring an additional 499 shares in the last quarter. Graypoint LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 2.5% in the 3rd quarter. Graypoint LLC now owns 126,099 shares of the company’s stock worth $5,475,000 after acquiring an additional 3,030 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth $105,000. Finally, Farther Finance Advisors LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 14.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 23,391 shares of the company’s stock worth $1,016,000 after acquiring an additional 3,014 shares in the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA SHYG opened at $43.04 on Wednesday. iShares 0-5 Year High Yield Corporate Bond ETF has a one year low of $40.99 and a one year high of $43.45. The firm has a fifty day moving average of $43.07 and a 200 day moving average of $42.61.

About iShares 0-5 Year High Yield Corporate Bond ETF

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield USD-denominated bonds with 0-5 years remaining in maturity. SHYG was launched on Oct 15, 2013 and is managed by BlackRock.