iA Global Asset Management Inc. Sells 23,806 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

iA Global Asset Management Inc. reduced its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,130,095 shares of the exchange traded fund’s stock after selling 23,806 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF accounts for 1.6% of iA Global Asset Management Inc.’s holdings, making the stock its 15th biggest holding. iA Global Asset Management Inc. owned about 0.59% of iShares iBoxx $ High Yield Corporate Bond ETF worth $88,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. WR Wealth Planners LLC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 48.2% in the 4th quarter. WR Wealth Planners LLC now owns 406 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 132 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at approximately $108,000. YANKCOM Partnership bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $109,000. Union Savings Bank bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $137,000. Finally, Providence First Trust Co bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $199,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

NYSEARCA HYG opened at $79.45 on Thursday. The firm’s 50 day moving average price is $79.46 and its 200-day moving average price is $79.43. 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 has a market cap of $15.17 billion, a PE ratio of 16.45 and a beta of 0.46.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

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.