Migdal Insurance & Financial Holdings Ltd. Increases Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Migdal Insurance & Financial Holdings Ltd. increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 18.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,350 shares of the exchange traded fund’s stock after purchasing an additional 5,382 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,781,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in HYG. City Holding Co. increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 10.4% in the 3rd quarter. City Holding Co. now owns 17,193 shares of the exchange traded fund’s stock valued at $1,381,000 after purchasing an additional 1,620 shares in the last quarter. USA Financial Formulas increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 2.3% during the 3rd quarter. USA Financial Formulas now owns 133,048 shares of the exchange traded fund’s stock valued at $10,684,000 after acquiring an additional 2,947 shares in the last quarter. Money Design Co. Ltd. purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter valued at about $20,068,000. Worth Asset Management LLC purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter valued at about $495,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 72.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,576 shares of the exchange traded fund’s stock valued at $127,000 after acquiring an additional 664 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.2 %

NYSEARCA:HYG opened at $79.60 on Friday. The firm has a 50-day moving average price of $79.26 and a two-hundred day moving average price of $79.22. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $75.59 and a twelve month high of $80.37. The company has a market capitalization of $15.19 billion, a P/E ratio of 9.60 and a beta of 0.36.

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.