Amarillo National Bank Buys 12,169 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Amarillo National Bank lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 6.4% in the third quarter, HoldingsChannel.com reports. The fund owned 202,376 shares of the exchange traded fund’s stock after acquiring an additional 12,169 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF accounts for approximately 2.9% of Amarillo National Bank’s portfolio, making the stock its 11th largest position. Amarillo National Bank’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $16,431,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nvwm LLC raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 179.5% during the third quarter. Nvwm LLC now owns 25,376 shares of the exchange traded fund’s stock valued at $2,060,000 after purchasing an additional 16,297 shares in the last quarter. First PREMIER Bank boosted its holdings 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 worth $53,000 after purchasing an additional 642 shares in the last quarter. Private Trust Co. NA increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 30.0% during the 3rd quarter. Private Trust Co. NA now owns 11,640 shares of the exchange traded fund’s stock valued at $945,000 after purchasing an additional 2,685 shares during the last quarter. Trust Co. of Vermont increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 111,700.0% during the 3rd quarter. Trust Co. of Vermont now owns 1,118 shares of the exchange traded fund’s stock valued at $91,000 after purchasing an additional 1,117 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 829.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 203,816 shares of the exchange traded fund’s stock valued at $16,548,000 after buying an additional 181,899 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

NYSEARCA:HYG opened at $80.60 on Friday. The company has a market capitalization of $19.07 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The business has a 50 day moving average of $80.60 and a 200 day moving average of $80.51. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.08 and a 1-year high of $81.36.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.