iShares iBoxx $ High Yield Corporate Bond ETF $HYG Stock Position Raised by J.Safra Asset Management Corp

J.Safra Asset Management Corp boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 7.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 119,290 shares of the exchange traded fund’s stock after purchasing an additional 8,526 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF makes up approximately 0.6% of J.Safra Asset Management Corp’s holdings, making the stock its 22nd largest position. J.Safra Asset Management Corp’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $9,685,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 255.8% during the second quarter. JPMorgan Chase & Co. now owns 10,234,868 shares of the exchange traded fund’s stock worth $825,442,000 after acquiring an additional 7,358,059 shares during the last quarter. BNP Paribas boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 296.1% during the 2nd quarter. BNP Paribas now owns 4,535,242 shares of the exchange traded fund’s stock valued at $365,767,000 after purchasing an additional 3,390,278 shares during the period. SG Americas Securities LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 1,615.2% in the 2nd quarter. SG Americas Securities LLC now owns 430,874 shares of the exchange traded fund’s stock worth $34,750,000 after purchasing an additional 405,753 shares during the last quarter. Stairway Partners LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 4.4% in the 3rd quarter. Stairway Partners LLC now owns 324,745 shares of the exchange traded fund’s stock worth $26,366,000 after purchasing an additional 13,657 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 829.9% in the third quarter. Farther Finance Advisors LLC now owns 203,816 shares of the exchange traded fund’s stock valued at $16,548,000 after purchasing an additional 181,899 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of HYG stock opened at $81.09 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.08 and a 1 year high of $81.36. The firm has a market capitalization of $18.82 billion, a PE ratio of 10.79 and a beta of 0.41. The stock has a fifty day moving average of $80.65 and a two-hundred day moving average of $80.62.

About iShares iBoxx $ High Yield Corporate Bond ETF

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.