J.Safra Asset Management Corp Raises Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

J.Safra Asset Management Corp increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 1.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 86,084 shares of the exchange traded fund’s stock after purchasing an additional 987 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF accounts for about 0.9% of J.Safra Asset Management Corp’s holdings, making the stock its 14th biggest holding. J.Safra Asset Management Corp’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $6,662,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. CX Institutional lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 11.8% during the 3rd quarter. CX Institutional now owns 129,097 shares of the exchange traded fund’s stock worth $9,497,000 after purchasing an additional 13,636 shares during the last quarter. Manning & Napier Group LLC lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.4% during the third quarter. Manning & Napier Group LLC now owns 69,633 shares of the exchange traded fund’s stock valued at $5,133,000 after buying an additional 954 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at about $157,000. Boyd Watterson Asset Management LLC OH grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 23.8% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 2,234 shares of the exchange traded fund’s stock worth $165,000 after buying an additional 429 shares during the last quarter. Finally, Vicus Capital raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 980.3% during the 3rd quarter. Vicus Capital now owns 40,068 shares of the exchange traded fund’s stock worth $2,954,000 after acquiring an additional 36,359 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

HYG traded down $0.16 during trading on Thursday, hitting $76.39. The stock had a trading volume of 46,360,754 shares, compared to its average volume of 38,550,809. The stock has a 50 day simple moving average of $77.02 and a two-hundred day simple moving average of $76.14. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $71.68 and a twelve month high of $78.08. The company has a market capitalization of $14.32 billion, a PE ratio of 9.48 and a beta of 0.35.

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.