Bank of New York Mellon Corp Sells 65,593 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (SHYG)

Bank of New York Mellon Corp lessened its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 18.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 285,706 shares of the company’s stock after selling 65,593 shares during the period. Bank of New York Mellon Corp owned about 0.51% of iShares 0-5 Year High Yield Corporate Bond ETF worth $13,320,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Captrust Financial Advisors lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 0.9% during the 2nd quarter. Captrust Financial Advisors now owns 179,167 shares of the company’s stock valued at $8,353,000 after acquiring an additional 1,512 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 26.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 16,707 shares of the company’s stock valued at $779,000 after purchasing an additional 3,538 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter valued at $180,000. FDx Advisors Inc. raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 238.8% during the 2nd quarter. FDx Advisors Inc. now owns 19,836 shares of the company’s stock valued at $925,000 after purchasing an additional 13,982 shares during the period. Finally, Moneta Group Investment Advisors LLC acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter valued at $3,653,000.

Shares of NYSEARCA:SHYG opened at $45.47 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 12-month low of $45.37 and a 12-month high of $47.47.

The company also recently announced a monthly dividend, which was paid on Friday, December 7th. Shareholders of record on Tuesday, December 4th were paid a dividend of $0.2209 per share. This represents a $2.65 annualized dividend and a yield of 5.83%. The ex-dividend date was Monday, December 3rd.

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Read More: Return on Investment (ROI) Defined, Explained

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Institutional Ownership by Quarter for iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

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