Ninety One UK Ltd purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 18,592 shares of the exchange traded fund’s stock, valued at approximately $1,435,000.
A number of other large investors have also recently modified their holdings of HYG. iA Global Asset Management Inc. increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.9% in the first quarter. iA Global Asset Management Inc. now owns 1,350,820 shares of the exchange traded fund’s stock worth $107,471,000 after purchasing an additional 50,695 shares during the last quarter. Stairway Partners LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at approximately $27,512,000. Amarillo National Bank grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1.0% in the 1st quarter. Amarillo National Bank now owns 215,898 shares of the exchange traded fund’s stock worth $17,177,000 after buying an additional 2,080 shares in the last quarter. Acasta Partners UK LLP grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 95.4% in the 2nd quarter. Acasta Partners UK LLP now owns 198,841 shares of the exchange traded fund’s stock worth $15,901,000 after buying an additional 97,104 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 0.7% in the 1st quarter. Parallel Advisors LLC now owns 157,497 shares of the exchange traded fund’s stock worth $12,531,000 after buying an additional 1,092 shares in the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Price Performance
Shares of NYSEARCA:HYG opened at $77.13 on Friday. The company’s fifty day moving average price is $78.59 and its 200-day moving average price is $79.40. The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $76.39 and a one year high of $81.33.
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.
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