Motley Fool Wealth Management LLC Sells 337,016 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Motley Fool Wealth Management LLC decreased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 49.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 349,597 shares of the company’s stock after selling 337,016 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $14,897,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3,469.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,392 shares of the company’s stock worth $59,000 after acquiring an additional 1,353 shares during the period. Richardson Capital Management LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 27.9% during the 4th quarter. Richardson Capital Management LLC now owns 1,969 shares of the company’s stock valued at $84,000 after purchasing an additional 429 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 100.4% in the fourth quarter. First Horizon Advisors Inc. now owns 4,318 shares of the company’s stock worth $184,000 after purchasing an additional 2,163 shares in the last quarter. Wintrust Investments LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 287.7% during the fourth quarter. Wintrust Investments LLC now owns 4,486 shares of the company’s stock worth $191,000 after purchasing an additional 3,329 shares during the last quarter. Finally, Princeton Global Asset Management LLC increased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 101.3% in the fourth quarter. Princeton Global Asset Management LLC now owns 4,878 shares of the company’s stock valued at $208,000 after buying an additional 2,455 shares in the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.1 %

Shares of NYSEARCA SHYG opened at $42.81 on Wednesday. iShares 0-5 Year High Yield Corporate Bond ETF has a 1-year low of $41.60 and a 1-year high of $43.45. The company has a 50-day moving average of $42.97 and a two-hundred day moving average of $42.98. The company has a market cap of $6.56 billion, a PE ratio of 10.83 and a beta of 0.36.

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.