Stairway Partners LLC Boosts Stock Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Stairway Partners LLC increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 3.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 307,948 shares of the exchange traded fund’s stock after acquiring an additional 10,464 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF accounts for about 1.5% of Stairway Partners LLC’s holdings, making the stock its 12th biggest holding. Stairway Partners LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $24,220,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Mittelman Wealth Management boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 287.6% during the third quarter. Mittelman Wealth Management now owns 25,662 shares of the exchange traded fund’s stock worth $2,061,000 after buying an additional 19,041 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 16.4% in the third quarter. Private Trust Co. NA now owns 5,503 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 775 shares during the period. Kovitz Investment Group Partners LLC increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 0.4% during the third quarter. Kovitz Investment Group Partners LLC now owns 169,472 shares of the exchange traded fund’s stock worth $13,551,000 after purchasing an additional 602 shares during the last quarter. Boyd Watterson Asset Management LLC OH grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 30.5% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 2,486 shares of the exchange traded fund’s stock worth $200,000 after purchasing an additional 581 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 15.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 215,643 shares of the exchange traded fund’s stock valued at $17,316,000 after buying an additional 28,591 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.2 %

NYSEARCA HYG traded up $0.15 during trading hours on Monday, reaching $79.11. The company had a trading volume of 18,463,044 shares, compared to its average volume of 26,877,402. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.59 and a 1-year high of $80.37. The stock has a market capitalization of $15.09 billion, a P/E ratio of 9.60 and a beta of 0.36. The stock has a 50-day moving average of $79.29 and a 200 day moving average of $78.93.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.