iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Stock Position Reduced by Waterloo Capital L.P.

Waterloo Capital L.P. decreased its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 6.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 164,673 shares of the company’s stock after selling 12,209 shares during the quarter. iShares 0-5 Year High Yield Corporate Bond ETF makes up about 0.8% of Waterloo Capital L.P.’s holdings, making the stock its 29th biggest position. Waterloo Capital L.P. owned approximately 0.11% of iShares 0-5 Year High Yield Corporate Bond ETF worth $6,949,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter worth $39,000. First Horizon Advisors Inc. raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock valued at $72,000 after acquiring an additional 409 shares in the last quarter. Vermillion & White Wealth Management Group LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 4th quarter valued at approximately $76,000. Parallel Advisors LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 116.6% in the 4th quarter. Parallel Advisors LLC now owns 1,830 shares of the company’s stock worth $77,000 after purchasing an additional 985 shares during the last quarter. Finally, Whittier Trust Co. boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 27.3% during the second quarter. Whittier Trust Co. now owns 2,578 shares of the company’s stock worth $109,000 after purchasing an additional 553 shares during the period.

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

NYSEARCA:SHYG opened at $43.18 on Wednesday. The company’s 50 day moving average is $42.70 and its 200-day moving average is $42.36. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $40.15 and a 12 month high of $43.23.

iShares 0-5 Year High Yield Corporate Bond ETF 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.