iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Shares Acquired by First Horizon Advisors Inc.

First Horizon Advisors Inc. increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 100.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,318 shares of the company’s stock after acquiring an additional 2,163 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Motley Fool Wealth Management LLC increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% in the 3rd quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock worth $29,813,000 after purchasing an additional 340,749 shares in the last quarter. Kiely Wealth Advisory Group Inc. acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter worth about $6,858,000. Ninety One UK Ltd increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 17.7% in the fourth quarter. Ninety One UK Ltd now owns 423,751 shares of the company’s stock worth $18,056,000 after acquiring an additional 63,779 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 92.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 76,194 shares of the company’s stock valued at $3,247,000 after acquiring an additional 36,612 shares during the period. Finally, City Holding Co. lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 10.2% in the 4th quarter. City Holding Co. now owns 103,107 shares of the company’s stock valued at $4,393,000 after acquiring an additional 9,530 shares in the last quarter.

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

NYSEARCA SHYG opened at $43.19 on Wednesday. The firm’s 50 day moving average price is $42.90 and its two-hundred day moving average price is $42.98. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $41.60 and a twelve month high of $43.45. The stock has a market cap of $6.60 billion, a price-to-earnings ratio of 16.44 and a beta of 0.35.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

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.