49,961 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG Bought by NBT Bank N.A.

NBT Bank N.A. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 49,961 shares of the exchange traded fund’s stock, valued at approximately $3,857,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HYG. Stairway Partners LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter worth about $27,512,000. Acasta Partners UK LLP boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 95.4% during the second quarter. Acasta Partners UK LLP now owns 198,841 shares of the exchange traded fund’s stock valued at $15,901,000 after purchasing an additional 97,104 shares in the last quarter. Nvwm LLC boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 182.5% during the third quarter. Nvwm LLC now owns 148,263 shares of the exchange traded fund’s stock valued at $11,447,000 after purchasing an additional 95,782 shares in the last quarter. Central Bank & Trust Co. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $4,578,000. Finally, iA Global Asset Management Inc. grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.9% in the 1st quarter. iA Global Asset Management Inc. now owns 1,350,820 shares of the exchange traded fund’s stock valued at $107,471,000 after purchasing an additional 50,695 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.2%

HYG stock opened at $77.10 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $76.39 and a 1-year high of $81.33. The business’s 50 day moving average is $78.32 and its 200-day moving average is $79.32. The firm has a market cap of $16.87 billion, a P/E ratio of 10.79 and a beta of 0.41.

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.