SG Americas Securities LLC Has $9.75 Million Stake in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

SG Americas Securities LLC decreased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 30.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 122,589 shares of the exchange traded fund’s stock after selling 53,606 shares during the quarter. SG Americas Securities LLC owned 0.06% of iShares iBoxx $ High Yield Corporate Bond ETF worth $9,753,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Elyxium Wealth LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth approximately $32,000. Triumph Capital Management bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth $38,000. High Point Wealth Management LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth $38,000. IFC & Insurance Marketing Inc. bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at $81,000. Finally, Basepoint Wealth LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at $92,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

NYSEARCA:HYG opened at $79.83 on Friday. The company has a 50-day moving average of $79.99 and a 200-day moving average of $80.27. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $78.57 and a 52 week high of $81.36. The company has a market capitalization of $17.07 billion, a price-to-earnings ratio of 10.79 and a beta of 0.39.

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.