Hilltop Holdings Inc. Grows Position in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Hilltop Holdings Inc. raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 24.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 56,413 shares of the exchange traded fund’s stock after acquiring an additional 11,194 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $4,488,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in HYG. Jump Financial LLC boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 335.3% during the fourth quarter. Jump Financial LLC now owns 720,900 shares of the exchange traded fund’s stock valued at $58,126,000 after acquiring an additional 1,027,275 shares during the last quarter. Ameriprise Financial Inc. raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 18.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,818,659 shares of the exchange traded fund’s stock valued at $147,320,000 after purchasing an additional 282,574 shares during the last quarter. Cullen Frost Bankers Inc. raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 142.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 420,126 shares of the exchange traded fund’s stock valued at $33,875,000 after purchasing an additional 246,871 shares during the last quarter. iA Global Asset Management Inc. lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 16.8% in the 4th quarter. iA Global Asset Management Inc. now owns 1,300,125 shares of the exchange traded fund’s stock valued at $104,829,000 after purchasing an additional 186,734 shares in the last quarter. Finally, Tudor Investment Corp ET AL purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at about $11,982,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.23 on Friday. 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 $16.36 billion, a P/E ratio of 10.79 and a beta of 0.39. The firm’s 50-day moving average is $79.78 and its two-hundred day moving average is $80.14.

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