Mittelman Wealth Management Purchases 3,542 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Mittelman Wealth Management boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 17.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,357 shares of the exchange traded fund’s stock after acquiring an additional 3,542 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF accounts for 1.7% of Mittelman Wealth Management’s investment portfolio, making the stock its 12th biggest holding. Mittelman Wealth Management’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,964,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in HYG. Trust Co. of Toledo NA OH acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth about $121,000. Grey Fox Wealth Advisors LLC increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 21.8% in the 2nd quarter. Grey Fox Wealth Advisors LLC now owns 21,518 shares of the exchange traded fund’s stock worth $1,735,000 after buying an additional 3,848 shares during the period. Partners Capital Investment Group LLP lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 13.1% during the first quarter. Partners Capital Investment Group LLP now owns 27,250 shares of the exchange traded fund’s stock worth $2,150,000 after buying an additional 3,162 shares during the last quarter. Amarillo National Bank boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 6.5% in the second quarter. Amarillo National Bank now owns 190,207 shares of the exchange traded fund’s stock valued at $15,340,000 after acquiring an additional 11,598 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 21.0% in the first quarter. Pinnacle Wealth Planning Services Inc. now owns 14,065 shares of the exchange traded fund’s stock worth $1,110,000 after acquiring an additional 2,441 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.4%

Shares of HYG stock opened at $80.20 on Friday. The firm has a market capitalization of $18.98 billion, a P/E ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.08 and a 1 year high of $81.36. The firm’s fifty day simple moving average is $80.80 and its 200 day simple moving average is $80.19.

iShares iBoxx $ High Yield Corporate Bond ETF Company Profile

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.