SG Americas Securities LLC trimmed its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 54.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 176,195 shares of the exchange traded fund’s stock after selling 210,933 shares during the period. SG Americas Securities LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $14,207,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in HYG. Triumph Capital Management purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth approximately $38,000. Root Financial Partners LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth approximately $40,000. First PREMIER Bank increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 12,840.0% in the 3rd quarter. First PREMIER Bank now owns 647 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 642 shares during the last quarter. Cornerstone Planning Group LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $59,000. Finally, Hurley Capital LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter valued at $67,000.
iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.3%
iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $78.72 on Friday. The stock has a market cap of $17.57 billion, a P/E ratio of 10.79 and a beta of 0.41. The company has a fifty day simple moving average of $80.39 and a 200-day simple moving average of $80.61. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.08 and a 12-month high of $81.36.
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.
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