Richardson Financial Services Inc. Acquires 1,325 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Richardson Financial Services Inc. boosted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 3.7% during the fourth quarter, HoldingsChannel reports. The fund owned 36,937 shares of the company’s stock after purchasing an additional 1,325 shares during the quarter. iShares 0-5 Year High Yield Corporate Bond ETF comprises 1.1% of Richardson Financial Services Inc.’s holdings, making the stock its 17th largest position. Richardson Financial Services Inc.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,574,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SHYG. Future Financial Wealth Managment LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter worth $2,670,000. Klaas Financial Asset Advisors LLC grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.9% in the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 46,432 shares of the company’s stock valued at $2,016,000 after buying an additional 1,303 shares during the last quarter. Arkadios Wealth Advisors increased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 83,164 shares of the company’s stock valued at $3,611,000 after buying an additional 3,107 shares during the period. Fortitude Family Office LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter worth about $37,000. Finally, Rosenberg Matthew Hamilton lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 21.3% in the third quarter. Rosenberg Matthew Hamilton now owns 20,676 shares of the company’s stock worth $898,000 after acquiring an additional 3,630 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.2 %

Shares of SHYG stock opened at $43.17 on Friday. 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 simple moving average is $42.92 and its 200 day simple moving average is $42.92.

iShares 0-5 Year High Yield Corporate Bond ETF 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.