Jones Financial Companies Lllp Buys 25,592 Shares of iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Jones Financial Companies Lllp raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 21.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 145,486 shares of the company’s stock after buying an additional 25,592 shares during the period. Jones Financial Companies Lllp owned about 0.08% of iShares 0-5 Year High Yield Corporate Bond ETF worth $6,161,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in shares of 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 worth $48,629,000 after buying an additional 272,163 shares during the last quarter. Legacy Financial Group LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 62.7% during the fourth quarter. Legacy Financial Group LLC now owns 417,113 shares of the company’s stock valued at $17,836,000 after acquiring an additional 160,814 shares during the last quarter. Loomis Sayles & Co. L P increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 22.1% during the fourth quarter. Loomis Sayles & Co. L P now owns 466,000 shares of the company’s stock valued at $19,977,000 after acquiring an additional 84,500 shares during the last quarter. Virtue Capital Management LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 962.2% in the fourth quarter. Virtue Capital Management LLC now owns 79,572 shares of the company’s stock valued at $3,414,000 after acquiring an additional 72,081 shares during the period. Finally, FSA Advisors Inc. bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the fourth quarter valued at about $2,029,000.

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

Shares of NYSEARCA:SHYG opened at $42.26 on Tuesday. The stock has a market capitalization of $7.64 billion, a price-to-earnings ratio of 10.74 and a beta of 0.28. The stock’s 50-day simple moving average is $42.23 and its two-hundred day simple moving average is $42.38. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $41.83 and a 52-week high of $43.39.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.