Arkadios Wealth Advisors Buys 14,426 Shares of iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Arkadios Wealth Advisors raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 12.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,806 shares of the company’s stock after purchasing an additional 14,426 shares during the period. Arkadios Wealth Advisors’ holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $5,491,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SHYG. RiverFront Investment Group LLC raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 305.8% during the second quarter. RiverFront Investment Group LLC now owns 1,216,930 shares of the company’s stock valued at $52,498,000 after buying an additional 917,031 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 474.8% during the second quarter. Janney Montgomery Scott LLC now owns 231,390 shares of the company’s stock valued at $9,982,000 after acquiring an additional 191,135 shares during the period. Ninety One UK Ltd raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 43.9% in the 3rd quarter. Ninety One UK Ltd now owns 609,751 shares of the company’s stock valued at $26,402,000 after acquiring an additional 186,000 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 32.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 316,759 shares of the company’s stock valued at $13,665,000 after acquiring an additional 77,000 shares in the last quarter. Finally, Alexis Investment Partners LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth approximately $3,044,000.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA:SHYG opened at $42.99 on Wednesday. The firm has a market capitalization of $8.11 billion, a PE ratio of 10.74 and a beta of 0.30. iShares 0-5 Year High Yield Corporate Bond ETF has a 1-year low of $40.38 and a 1-year high of $43.39. The business’s 50 day moving average is $42.90 and its 200-day moving average is $42.99.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield USD-denominated bonds with 0-5 years remaining in maturity. SHYG was launched on Oct 15, 2013 and is managed by BlackRock.