Bank of New York Mellon Corp boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) by 31.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,149,340 shares of the company’s stock after acquiring an additional 272,163 shares during the quarter. Bank of New York Mellon Corp owned 0.65% of iShares 0-5 Year High Yield Corporate Bond ETF worth $48,629,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of SHYG. Cornerstone Financial Management LLC acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter valued at $27,000. Millstone Evans Group LLC acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter worth about $34,000. Ascentis Independent Advisors acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter worth approximately $42,000. WFA of San Diego LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter worth approximately $47,000. Finally, Monetary Solutions Ltd acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter valued at $66,000.
iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.0%
Shares of NYSEARCA:SHYG opened at $42.03 on Friday. The firm has a market capitalization of $7.59 billion, a P/E ratio of 10.74 and a beta of 0.28. The firm has a fifty day moving average of $42.31 and a two-hundred day moving average of $42.51. 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.
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.
See Also
- Five stocks we like better than iShares 0-5 Year High Yield Corporate Bond ETF
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for iShares 0-5 Year High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
