iShares 0-5 Year High Yield Corporate Bond ETF $SHYG Shares Sold by Ninety One UK Ltd

Ninety One UK Ltd lowered its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 24.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 439,879 shares of the company’s stock after selling 139,798 shares during the period. Ninety One UK Ltd owned 0.24% of iShares 0-5 Year High Yield Corporate Bond ETF worth $18,145,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 31.0% in the 1st quarter. Bank of New York Mellon Corp now owns 1,149,340 shares of the company’s stock valued at $48,629,000 after purchasing an additional 272,163 shares during the last quarter. Atomic Invest LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 416.9% in the 2nd quarter. Atomic Invest LLC now owns 106,138 shares of the company’s stock valued at $4,504,000 after purchasing an additional 85,604 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 1st quarter worth about $1,254,000. RMG Wealth Management LLC acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 1st quarter worth about $1,220,000. Finally, Jones Financial Companies Lllp boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 21.3% during the 2nd quarter. Jones Financial Companies Lllp now owns 145,486 shares of the company’s stock worth $6,161,000 after purchasing an additional 25,592 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA SHYG opened at $41.19 on Friday. The company has a market cap of $7.62 billion, a PE ratio of 10.74 and a beta of 0.29. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $40.82 and a 12 month high of $43.31. The company has a 50-day simple moving average of $41.78 and a 200-day simple moving average of $42.15.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield USD-denominated bonds with 0-5 years remaining in maturity. SHYG was launched on Oct 15, 2013 and is managed by BlackRock.