Massmutual Trust Co. FSB ADV Has $249,000 Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Massmutual Trust Co. FSB ADV grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 29.0% in the second quarter, HoldingsChannel reports. The fund owned 3,223 shares of the exchange traded fund’s stock after acquiring an additional 725 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $249,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at $26,000. Able Wealth Management LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $39,000. Pathway Financial Advisers LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the first quarter valued at approximately $41,000. American National Bank lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 13,150.0% during the fourth quarter. American National Bank now owns 530 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 526 shares during the last quarter. Finally, Tidemark LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at approximately $44,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

iShares iBoxx $ High Yield Corporate Bond ETF stock traded down $0.48 during mid-day trading on Monday, hitting $77.22. 104,280,785 shares of the company traded hands, compared to its average volume of 37,050,363. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $71.68 and a one year high of $78.60. The stock has a market cap of $14.73 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. The stock has a fifty day moving average price of $77.48 and a 200-day moving average price of $77.21.

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.