Burns J W & Co. Inc. NY Has $2.50 Million Stock Position in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Burns J W & Co. Inc. NY lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 27.0% in the 4th quarter, HoldingsChannel reports. The fund owned 31,042 shares of the exchange traded fund’s stock after purchasing an additional 6,605 shares during the period. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,503,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 130.8% in the 1st quarter. NewEdge Advisors LLC now owns 17,128 shares of the exchange traded fund’s stock valued at $1,351,000 after acquiring an additional 9,708 shares in the last quarter. Baird Financial Group Inc. increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 23.1% during the 2nd quarter. Baird Financial Group Inc. now owns 103,036 shares of the exchange traded fund’s stock worth $8,310,000 after purchasing an additional 19,309 shares in the last quarter. Flow Traders U.S. LLC raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 37.8% in the second quarter. Flow Traders U.S. LLC now owns 176,329 shares of the exchange traded fund’s stock worth $14,221,000 after purchasing an additional 48,369 shares during the last quarter. Cary Street Partners Financial LLC raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.3% in the second quarter. Cary Street Partners Financial LLC now owns 4,077 shares of the exchange traded fund’s stock worth $329,000 after purchasing an additional 129 shares during the last quarter. Finally, SVB Wealth LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter valued at approximately $496,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.3%

Shares of NYSEARCA:HYG opened at $79.42 on Thursday. The stock has a market cap of $17.73 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.08 and a 12-month high of $81.36. The business’s 50 day moving average is $80.48 and its 200 day moving average is $80.64.

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.