Worth Asset Management LLC trimmed its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 25.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,591 shares of the exchange traded fund’s stock after selling 1,572 shares during the period. Worth Asset Management LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $361,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in HYG. Stairway Partners LLC boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.5% during the 4th quarter. Stairway Partners LLC now owns 307,948 shares of the exchange traded fund’s stock worth $24,220,000 after acquiring an additional 10,464 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,842,486 shares of the exchange traded fund’s stock valued at $147,952,000 after purchasing an additional 614,400 shares during the period. Sunbelt Securities Inc. increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 80.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 19,049 shares of the exchange traded fund’s stock worth $1,530,000 after purchasing an additional 8,486 shares in the last quarter. Mittelman Wealth Management raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 287.6% during the 3rd quarter. Mittelman Wealth Management now owns 25,662 shares of the exchange traded fund’s stock worth $2,061,000 after buying an additional 19,041 shares during the period. Finally, Continuum Advisory LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 9.2% during the third quarter. Continuum Advisory LLC now owns 15,656 shares of the exchange traded fund’s stock valued at $1,241,000 after buying an additional 1,319 shares in the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.1 %
Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock traded up $0.06 during trading on Wednesday, hitting $78.90. The stock had a trading volume of 20,839,230 shares, compared to its average volume of 31,286,709. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.59 and a 1 year high of $80.37. The stock has a 50 day simple moving average of $79.27 and a 200 day simple moving average of $78.95. The company has a market capitalization of $15.05 billion, a PE ratio of 9.60 and a beta of 0.36.
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.
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