12,874 Shares in iShares iBoxx $ High Yield Corporate Bond ETF $HYG Acquired by Belvedere Trading LLC

Belvedere Trading LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 12,874 shares of the exchange traded fund’s stock, valued at approximately $1,038,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Zhang Financial LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth approximately $231,000. Basepoint Wealth LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth approximately $92,000. Rothschild Investment LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 21.8% during the 4th quarter. Rothschild Investment LLC now owns 3,212 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 575 shares in the last quarter. Fi3 FINANCIAL ADVISORS LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth approximately $382,000. Finally, Redmont Wealth Advisors LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 28.2% during the 4th quarter. Redmont Wealth Advisors LLC now owns 19,251 shares of the exchange traded fund’s stock worth $1,552,000 after purchasing an additional 4,236 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of HYG opened at $80.31 on Friday. The stock has a 50 day moving average price of $79.91 and a two-hundred day moving average price of $80.37. The firm has a market capitalization of $17.17 billion, a P/E ratio of 10.79 and a beta of 0.40. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $78.57 and a 52 week high of $81.36.

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.