iShares iBoxx $ High Yield Corporate Bond ETF $HYG Stake Raised by BNP Paribas

BNP Paribas boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 296.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,535,242 shares of the exchange traded fund’s stock after buying an additional 3,390,278 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 11.9% of BNP Paribas’ portfolio, making the stock its biggest holding. BNP Paribas’ holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $365,767,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HYG. Dearborn Partners LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $760,000. Hurley Capital LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter worth $67,000. SVB Wealth LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter valued at $496,000. Cary Street Partners Financial LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 3.3% during the second quarter. Cary Street Partners Financial LLC now owns 4,077 shares of the exchange traded fund’s stock valued at $329,000 after purchasing an additional 129 shares in the last quarter. Finally, Flow Traders U.S. LLC lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 37.8% during the second quarter. Flow Traders U.S. LLC now owns 176,329 shares of the exchange traded fund’s stock valued at $14,221,000 after purchasing an additional 48,369 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.3%

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $80.73 on Thursday. The company’s 50-day moving average price is $80.61 and its 200-day moving average price is $80.41. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $75.08 and a twelve month high of $81.36. The company has a market cap of $19.10 billion, a PE ratio of 10.79 and a beta of 0.41.

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.