J.Safra Asset Management Corp Raises Position in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

J.Safra Asset Management Corp grew its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 8.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 129,902 shares of the exchange traded fund’s stock after buying an additional 10,612 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 0.5% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 26th largest holding. J.Safra Asset Management Corp owned about 0.06% of iShares iBoxx $ High Yield Corporate Bond ETF worth $10,474,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of HYG. Elyxium Wealth LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $32,000. Triumph Capital Management purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at approximately $38,000. High Point Wealth Management LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $38,000. Basepoint Wealth LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $92,000. Finally, FNY Investment Advisers LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 116.7% during the third quarter. FNY Investment Advisers LLC now owns 1,300 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 700 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.2%

HYG opened at $79.47 on Thursday. The firm has a 50 day moving average price of $79.99 and a 200-day moving average price of $80.34. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $78.57 and a twelve month high of $81.36. The stock has a market capitalization of $16.99 billion, a price-to-earnings ratio of 10.79 and a beta of 0.39.

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.