Bay Harbor Wealth Management LLC Boosts Stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)


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Bay Harbor Wealth Management LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 71.1% in the fourth quarter, Holdings Channel reports. The fund owned 2,695 shares of the exchange traded fund’s stock after acquiring an additional 1,120 shares during the quarter. Bay Harbor Wealth Management LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $235,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Bangor Savings Bank grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 11.4% during the 4th quarter. Bangor Savings Bank now owns 3,422 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 349 shares during the period. Creative Financial Designs Inc. ADV grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 295.5% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 708 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 529 shares during the period. TIAA FSB grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9.4% during the 4th quarter. TIAA FSB now owns 300,680 shares of the exchange traded fund’s stock valued at $26,249,000 after acquiring an additional 25,823 shares during the period. Thornburg Investment Management Inc. bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $72,000. Finally, US Bancorp DE grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2.3% during the 4th quarter. US Bancorp DE now owns 864,211 shares of the exchange traded fund’s stock valued at $75,445,000 after acquiring an additional 19,317 shares during the period.

HYG traded down $0.18 on Tuesday, hitting $87.05. The company’s stock had a trading volume of 132,657 shares, compared to its average volume of 29,182,912. The company’s 50 day simple moving average is $87.33 and its 200-day simple moving average is $85.74. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $67.52 and a 12 month high of $87.81.

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.

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Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG).

Institutional Ownership by Quarter for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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