Wintrust Investments LLC Raises Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Wintrust Investments LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 287.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,486 shares of the company’s stock after buying an additional 3,329 shares during the period. Wintrust Investments LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $191,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 3,469.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,392 shares of the company’s stock worth $59,000 after buying an additional 1,353 shares in the last quarter. Richardson Capital Management LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% during the third quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock worth $67,000 after buying an additional 467 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock valued at $94,000 after acquiring an additional 458 shares during the last quarter. Princeton Global Asset Management LLC lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 101.3% during the fourth quarter. Princeton Global Asset Management LLC now owns 4,878 shares of the company’s stock worth $208,000 after buying an additional 2,455 shares in the last quarter. Finally, SouthState Corp increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 114.9% during the third quarter. SouthState Corp now owns 5,795 shares of the company’s stock worth $252,000 after purchasing an additional 3,099 shares during the last quarter.

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

SHYG opened at $42.57 on Thursday. The stock has a market capitalization of $6.52 billion, a PE ratio of 10.83 and a beta of 0.36. iShares 0-5 Year High Yield Corporate Bond ETF has a one year low of $41.60 and a one year high of $43.45. The business’s 50 day moving average price is $42.98 and its 200 day moving average price is $43.00.

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.