62,230 Shares in iShares iBoxx $ High Yield Corporate Bond ETF $HYG Bought by Acasta Partners UK LLP

Acasta Partners UK LLP acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 62,230 shares of the exchange traded fund’s stock, valued at approximately $5,018,000. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 1.8% of Acasta Partners UK LLP’s portfolio, making the stock its 9th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Elyxium Wealth LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth $32,000. Triumph Capital Management bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth $38,000. High Point Wealth Management LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth $38,000. IFC & Insurance Marketing Inc. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth $81,000. Finally, Basepoint Wealth LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth $92,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of HYG stock opened at $79.94 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $78.57 and a 1 year high of $81.36. The stock has a fifty day moving average of $80.01 and a two-hundred day moving average of $80.33. The firm has a market capitalization of $17.09 billion, a PE ratio of 10.79 and a beta of 0.39.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.