Burns J W & Co. Inc. NY Buys 13,929 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Burns J W & Co. Inc. NY raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 44.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,971 shares of the exchange traded fund’s stock after buying an additional 13,929 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,578,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Amarillo National Bank boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.0% in the 1st quarter. Amarillo National Bank now owns 215,898 shares of the exchange traded fund’s stock valued at $17,177,000 after purchasing an additional 2,080 shares in the last quarter. Worth Asset Management LLC increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 61.0% during the 1st quarter. Worth Asset Management LLC now owns 33,552 shares of the exchange traded fund’s stock worth $2,669,000 after purchasing an additional 12,709 shares in the last quarter. Union Savings Bank acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth about $217,000. Sunbelt Securities Inc. lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 16.3% during the 4th quarter. Sunbelt Securities Inc. now owns 18,778 shares of the exchange traded fund’s stock valued at $1,514,000 after purchasing an additional 2,630 shares during the last quarter. Finally, Ameriflex Group Inc. raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 17.9% in the fourth quarter. Ameriflex Group Inc. now owns 2,153 shares of the exchange traded fund’s stock valued at $174,000 after acquiring an additional 327 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.1%

Shares of NYSEARCA HYG opened at $79.87 on Wednesday. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $78.57 and a 12-month high of $81.36. The firm’s 50-day simple moving average is $80.02 and its 200 day simple moving average is $80.29. The company has a market cap of $17.08 billion, a price-to-earnings ratio of 10.79 and a beta of 0.39.

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.