Jaffetilchin Investment Partners LLC Buys 499 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Jaffetilchin Investment Partners LLC raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 1.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 26,349 shares of the company’s stock after purchasing an additional 499 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ninety One UK Ltd lifted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 77.2% in the second quarter. Ninety One UK Ltd now owns 347,630 shares of the company’s stock valued at $14,670,000 after buying an additional 151,430 shares in the last quarter. Arkadios Wealth Advisors lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 624.0% in the 2nd quarter. Arkadios Wealth Advisors now owns 80,057 shares of the company’s stock valued at $3,378,000 after acquiring an additional 68,999 shares in the last quarter. American Trust acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth $2,747,000. Future Financial Wealth Managment LLC bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth about $2,670,000. Finally, RiverFront Investment Group LLC raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% in the 2nd quarter. RiverFront Investment Group LLC now owns 211,365 shares of the company’s stock valued at $8,920,000 after purchasing an additional 43,794 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.1 %

NYSEARCA:SHYG opened at $43.20 on Tuesday. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $40.99 and a twelve month high of $43.45. The business has a 50 day moving average price of $43.07 and a two-hundred day moving average price of $42.60.

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.