Lorne Steinberg Wealth Management Inc. Acquires 1,265 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Lorne Steinberg Wealth Management Inc. boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 4.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,573 shares of the exchange traded fund’s stock after acquiring an additional 1,265 shares during the quarter. Lorne Steinberg Wealth Management Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,169,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth approximately $108,000. Rosenberg Matthew Hamilton lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 39.3% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,379 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 389 shares during the period. YANKCOM Partnership acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth approximately $109,000. Union Savings Bank acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth approximately $137,000. Finally, Boyd Watterson Asset Management LLC OH lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 30.5% in 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.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA HYG opened at $79.69 on Wednesday. The company has a market capitalization of $15.20 billion, a P/E ratio of 9.60 and a beta of 0.36. iShares iBoxx $ High Yield Corporate Bond ETF has a 52-week low of $75.59 and a 52-week high of $80.37. The company’s 50 day moving average price is $79.22 and its 200-day moving average price is $79.30.

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.