J.Safra Asset Management Corp Boosts Stock Position in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

J.Safra Asset Management Corp raised its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 7.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,290 shares of the exchange traded fund’s stock after purchasing an additional 8,526 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF comprises about 0.6% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 22nd largest position. J.Safra Asset Management Corp’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $9,685,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of HYG. JPMorgan Chase & Co. boosted 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 acquiring an additional 7,358,059 shares during the last quarter. BNP Paribas lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 296.1% during the 2nd quarter. BNP Paribas now owns 4,535,242 shares of the exchange traded fund’s stock worth $365,767,000 after purchasing an additional 3,390,278 shares during the period. SG Americas Securities LLC boosted its holdings 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 worth $34,750,000 after purchasing an additional 405,753 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 829.9% in the third quarter. Farther Finance Advisors LLC now owns 203,816 shares of the exchange traded fund’s stock valued at $16,548,000 after purchasing an additional 181,899 shares during the period. Finally, Meteora Capital LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter valued at $10,081,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.1%

NYSEARCA HYG opened at $81.09 on Friday. The business’s 50-day moving average price is $80.65 and its 200 day moving average price is $80.62. 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 capitalization of $18.82 billion, a PE ratio of 10.79 and a beta of 0.41.

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.