iShares 0-5 Year High Yield Corporate Bond ETF $SHYG Stake Boosted by Atomic Invest LLC

Atomic Invest LLC grew its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 416.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 106,138 shares of the company’s stock after purchasing an additional 85,604 shares during the quarter. iShares 0-5 Year High Yield Corporate Bond ETF makes up 0.4% of Atomic Invest LLC’s portfolio, making the stock its 24th biggest position. Atomic Invest LLC owned 0.06% of iShares 0-5 Year High Yield Corporate Bond ETF worth $4,504,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHYG. Cornerstone Financial Management LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 4th quarter valued at about $27,000. Ascentis Independent Advisors purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the first quarter valued at approximately $42,000. Monetary Solutions Ltd purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the fourth quarter valued at approximately $66,000. NBT Bank N A NY boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 3,551.2% in the first quarter. NBT Bank N A NY now owns 1,570 shares of the company’s stock valued at $66,000 after acquiring an additional 1,527 shares in the last quarter. Finally, Peak Retirement Planning Inc. acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the fourth quarter valued at approximately $236,000.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.1%

Shares of SHYG traded down $0.06 during midday trading on Friday, hitting $41.45. 905,702 shares of the company’s stock traded hands, compared to its average volume of 1,545,442. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $41.41 and a 1 year high of $43.35. The stock has a market capitalization of $7.70 billion, a price-to-earnings ratio of 10.74 and a beta of 0.28. The firm’s fifty day moving average is $42.05 and its 200-day moving average is $42.25.

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.