iA Global Asset Management Inc. grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 3.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,350,820 shares of the exchange traded fund’s stock after buying an additional 50,695 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 1.5% of iA Global Asset Management Inc.’s investment portfolio, making the stock its 11th largest holding. iA Global Asset Management Inc. owned approximately 0.62% of iShares iBoxx $ High Yield Corporate Bond ETF worth $107,471,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. NewEdge Advisors LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 130.8% in the first quarter. NewEdge Advisors LLC now owns 17,128 shares of the exchange traded fund’s stock worth $1,351,000 after acquiring an additional 9,708 shares during the period. Tolleson Wealth Management Inc. boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 15.7% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 7,259 shares of the exchange traded fund’s stock valued at $585,000 after purchasing an additional 987 shares in the last quarter. Strive Asset Management LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at about $5,039,000. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at about $410,000. Finally, Rathbones Group PLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 87.3% in the third quarter. Rathbones Group PLC now owns 5,522 shares of the exchange traded fund’s stock worth $448,000 after buying an additional 2,574 shares in the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Price Performance
Shares of HYG opened at $79.97 on Wednesday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $78.57 and a one year high of $81.36. The company has a 50-day simple moving average of $79.97 and a two-hundred day simple moving average of $80.26. The firm has a market capitalization of $17.10 billion, a PE 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.
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