Richardson Capital Management LLC Raises Stock Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Richardson Capital Management LLC lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 43.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,540 shares of the company’s stock after buying an additional 467 shares during the period. Richardson Capital Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $67,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fortitude Family Office LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth approximately $37,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth approximately $39,000. First Horizon Advisors Inc. boosted its stake in 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 worth $72,000 after purchasing an additional 409 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth approximately $105,000. Finally, Whittier Trust Co. boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 27.3% in the 2nd quarter. Whittier Trust Co. now owns 2,578 shares of the company’s stock worth $109,000 after purchasing an additional 553 shares in the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.4 %

SHYG stock opened at $43.04 on Wednesday. The firm has a 50 day moving average of $43.07 and a 200 day moving average of $42.61. iShares 0-5 Year High Yield Corporate Bond ETF has a 52 week low of $40.99 and a 52 week high of $43.45.

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.