Princeton Global Asset Management LLC Boosts Stock Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Princeton Global Asset Management LLC grew its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 101.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,878 shares of the company’s stock after buying an additional 2,455 shares during the period. Princeton Global Asset Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Hunter Associates Investment Management LLC increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.8% in the 4th quarter. Hunter Associates Investment Management LLC now owns 7,531 shares of the company’s stock valued at $320,000 after acquiring an additional 273 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock valued at $94,000 after acquiring an additional 458 shares during the last quarter. Richardson Capital Management LLC increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% in the 3rd quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock valued at $67,000 after acquiring an additional 467 shares during the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1.9% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 26,349 shares of the company’s stock valued at $1,144,000 after acquiring an additional 499 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $37,000.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.7 %

Shares of NYSEARCA SHYG opened at $42.87 on Tuesday. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $41.60 and a twelve month high of $43.45. The business has a 50 day simple moving average of $42.92 and a 200-day simple moving average of $42.92.

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.