Advisors Preferred LLC Has $3.28 Million Stake in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Advisors Preferred LLC decreased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 49.5% during the second quarter, HoldingsChannel.com reports. The fund owned 40,910 shares of the exchange traded fund’s stock after selling 40,075 shares during the period. Advisors Preferred LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,280,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Trust Co. of Toledo NA OH acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $121,000. Partners Capital Investment Group LLP grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 13.1% in the 1st quarter. Partners Capital Investment Group LLP now owns 27,250 shares of the exchange traded fund’s stock valued at $2,150,000 after buying an additional 3,162 shares during the last quarter. Amarillo National Bank grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 6.5% in the 2nd quarter. Amarillo National Bank now owns 190,207 shares of the exchange traded fund’s stock valued at $15,340,000 after buying an additional 11,598 shares during the last quarter. Pinnacle Wealth Planning Services Inc. grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 21.0% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 14,065 shares of the exchange traded fund’s stock valued at $1,110,000 after buying an additional 2,441 shares during the last quarter. Finally, Private Trust Co. NA grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 50.4% in the 2nd quarter. Private Trust Co. NA now owns 8,955 shares of the exchange traded fund’s stock valued at $722,000 after buying an additional 3,000 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.8%

HYG opened at $80.14 on Tuesday. The firm has a market capitalization of $18.89 billion, a P/E ratio of 10.79 and a beta of 0.41. The stock’s 50 day moving average price is $80.87 and its two-hundred day moving average price is $80.09. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.08 and a 12-month high of $81.36.

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.