iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Shares Purchased by RiverFront Investment Group LLC

RiverFront Investment Group LLC raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 15.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 278,320 shares of the company’s stock after acquiring an additional 38,221 shares during the period. RiverFront Investment Group LLC owned approximately 0.19% of iShares 0-5 Year High Yield Corporate Bond ETF worth $11,859,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Captrust Financial Advisors increased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 69.4% in the 3rd quarter. Captrust Financial Advisors now owns 9,582 shares of the company’s stock worth $416,000 after acquiring an additional 3,926 shares during the last quarter. Kiely Wealth Advisory Group Inc. acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter worth about $6,858,000. Motley Fool Wealth Management LLC boosted its holdings 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 valued at $29,813,000 after purchasing an additional 340,749 shares during the last quarter. Continuum Advisory LLC grew its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 13.9% in the 3rd quarter. Continuum Advisory LLC now owns 42,411 shares of the company’s stock valued at $1,822,000 after buying an additional 5,160 shares during the period. Finally, Sunbelt Securities Inc. increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 4.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 48,262 shares of the company’s stock worth $2,096,000 after buying an additional 2,009 shares during the last quarter.

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

Shares of NYSEARCA SHYG opened at $42.52 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $41.60 and a 1 year high of $43.45. The company has a market capitalization of $6.45 billion, a P/E ratio of 10.83 and a beta of 0.36. The company has a 50 day simple moving average of $42.94 and a 200-day simple moving average of $42.97.

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.