Burns J W & Co. Inc. NY Has $3.58 Million Stock Position in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Burns J W & Co. Inc. NY grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 44.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,971 shares of the exchange traded fund’s stock after buying an additional 13,929 shares during the period. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,578,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Manning & Napier Advisors LLC increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 3.4% during the 4th quarter. Manning & Napier Advisors LLC now owns 6,246 shares of the exchange traded fund’s stock worth $504,000 after acquiring an additional 208 shares during the period. Boston Research & Management Inc. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.7% during the 4th quarter. Boston Research & Management Inc. now owns 31,992 shares of the exchange traded fund’s stock valued at $2,579,000 after acquiring an additional 216 shares during the period. Fortis Capital Advisors LLC grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.0% during the 4th quarter. Fortis Capital Advisors LLC now owns 8,231 shares of the exchange traded fund’s stock worth $664,000 after purchasing an additional 238 shares in the last quarter. Ameriflex Group Inc. increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 17.9% in the fourth quarter. Ameriflex Group Inc. now owns 2,153 shares of the exchange traded fund’s stock worth $174,000 after purchasing an additional 327 shares during the period. Finally, Sunbelt Securities Inc. increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2.2% in the third quarter. Sunbelt Securities Inc. now owns 16,148 shares of the exchange traded fund’s stock worth $1,311,000 after purchasing an additional 343 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA:HYG opened at $79.87 on Wednesday. The firm has a 50 day moving average of $80.02 and a 200-day moving average of $80.29. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $78.57 and a 12 month high of $81.36. The stock has a market capitalization of $17.08 billion, a PE ratio of 10.79 and a beta of 0.39.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.