Parallel Advisors LLC Purchases 2,868 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Parallel Advisors LLC lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 160,250 shares of the exchange traded fund’s stock after purchasing an additional 2,868 shares during the quarter. Parallel Advisors LLC owned about 0.08% of iShares iBoxx $ High Yield Corporate Bond ETF worth $12,604,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. WR Wealth Planners LLC boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 48.2% during the fourth quarter. WR Wealth Planners LLC now owns 406 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 132 shares in the last quarter. RPg Family Wealth Advisory LLC purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at $108,000. YANKCOM Partnership purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at $109,000. Union Savings Bank purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at $137,000. Finally, Providence First Trust Co purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at $199,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.5 %

Shares of NYSEARCA:HYG opened at $78.88 on Monday. The stock has a fifty day simple moving average of $79.44 and a two-hundred day simple moving average of $79.44. The stock has a market capitalization of $15.06 billion, a price-to-earnings ratio of 16.45 and a beta of 0.46. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.59 and a 12-month high of $80.37.

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.