iShares iBoxx $ High Yield Corporate Bond ETF $HYG Shares Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 23.1% in the second quarter, HoldingsChannel reports. The firm owned 103,036 shares of the exchange traded fund’s stock after acquiring an additional 19,309 shares during the period. Baird Financial Group Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $8,310,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 255.8% during the second quarter. JPMorgan Chase & Co. now owns 10,234,868 shares of the exchange traded fund’s stock worth $825,442,000 after buying an additional 7,358,059 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1,615.2% during the second quarter. SG Americas Securities LLC now owns 430,874 shares of the exchange traded fund’s stock valued at $34,750,000 after acquiring an additional 405,753 shares during the last quarter. Ameriprise Financial Inc. increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 10.5% during the 1st quarter. Ameriprise Financial Inc. now owns 1,831,834 shares of the exchange traded fund’s stock worth $142,373,000 after purchasing an additional 174,611 shares in the last quarter. USA Financial Formulas increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 348,846.7% during the 2nd quarter. USA Financial Formulas now owns 104,684 shares of the exchange traded fund’s stock worth $8,443,000 after purchasing an additional 104,654 shares in the last quarter. Finally, Summit Financial LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 357.0% in the 1st quarter. Summit Financial LLC now owns 76,225 shares of the exchange traded fund’s stock valued at $6,013,000 after purchasing an additional 59,547 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $80.55 on Tuesday. The stock has a market capitalization of $19.06 billion, a P/E ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.08 and a 12-month high of $81.36. The firm’s 50-day moving average is $80.62 and its two-hundred day moving average is $80.40.

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.