SVB Wealth LLC Raises Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

SVB Wealth LLC raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 82,901 shares of the company’s stock after buying an additional 862 shares during the quarter. SVB Wealth LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $3,500,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Cornerstone Planning Group LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter valued at approximately $38,000. Headinvest LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter valued at approximately $60,000. First Horizon Advisors Inc. grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 68.1% in the third quarter. First Horizon Advisors Inc. now owns 2,041 shares of the company’s stock valued at $84,000 after acquiring an additional 827 shares in the last quarter. US Bancorp DE grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 232.3% in the first quarter. US Bancorp DE now owns 2,818 shares of the company’s stock valued at $124,000 after acquiring an additional 1,970 shares in the last quarter. Finally, Retirement Group LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 538.5% in the fourth quarter. Retirement Group LLC now owns 3,167 shares of the company’s stock valued at $129,000 after acquiring an additional 2,671 shares in the last quarter.

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

NYSEARCA:SHYG opened at $41.70 on Thursday. The business has a fifty day simple moving average of $42.28 and a two-hundred day simple moving average of $41.81. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $40.15 and a 1 year high of $42.67.

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.