Prime Capital Investment Advisors LLC Lowers Stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Prime Capital Investment Advisors LLC trimmed its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 7.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,021 shares of the company’s stock after selling 2,568 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,477,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. First Horizon Advisors Inc. raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% in the second quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock valued at $72,000 after buying an additional 409 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter valued at approximately $116,000. Farther Finance Advisors LLC lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 31.5% during the second quarter. Farther Finance Advisors LLC now owns 20,377 shares of the company’s stock worth $855,000 after buying an additional 4,883 shares during the period. SouthState Corp acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter worth about $114,000. Finally, Ninety One UK Ltd boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 77.2% in the second quarter. Ninety One UK Ltd now owns 347,630 shares of the company’s stock valued at $14,670,000 after buying an additional 151,430 shares during the last quarter.

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

Shares of NYSEARCA SHYG opened at $42.97 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.23 and a 12 month high of $43.45. The company has a 50 day simple moving average of $43.08 and a two-hundred day simple moving average of $42.62.

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.