iShares 0-5 Year High Yield Corporate Bond ETF $SHYG Position Raised by Continuum Advisory LLC

Continuum Advisory LLC increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 21.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,375 shares of the company’s stock after purchasing an additional 13,174 shares during the period. Continuum Advisory LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $3,146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 877,177 shares of the company’s stock worth $37,605,000 after purchasing an additional 11,676 shares in the last quarter. Peak Retirement Planning Inc. bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the fourth quarter worth approximately $236,000. One Capital Management LLC raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 6.2% during the fourth quarter. One Capital Management LLC now owns 101,091 shares of the company’s stock worth $4,334,000 after purchasing an additional 5,889 shares in the last quarter. Waterloo Capital L.P. raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 12.0% during the fourth quarter. Waterloo Capital L.P. now owns 263,331 shares of the company’s stock worth $11,289,000 after purchasing an additional 28,219 shares in the last quarter. Finally, Allstate Corp raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 11.3% during the fourth quarter. Allstate Corp now owns 83,520 shares of the company’s stock worth $3,581,000 after purchasing an additional 8,493 shares in the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA:SHYG opened at $42.30 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.83 and a 12 month high of $43.39. The stock has a market cap of $7.52 billion, a price-to-earnings ratio of 10.74 and a beta of 0.28. The stock’s 50 day moving average price is $42.42 and its 200 day moving average price is $42.66.

iShares 0-5 Year High Yield Corporate Bond ETF 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.