Lowe Wealth Advisors LLC Cuts Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Lowe Wealth Advisors LLC reduced its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 14.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,745 shares of the company’s stock after selling 453 shares during the period. Lowe Wealth Advisors LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $117,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Motley Fool Wealth Management LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% during the third quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock valued at $29,813,000 after acquiring an additional 340,749 shares during the last quarter. RiverFront Investment Group LLC boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% during the second quarter. RiverFront Investment Group LLC now owns 211,365 shares of the company’s stock valued at $8,920,000 after buying an additional 43,794 shares during the period. Kiely Wealth Advisory Group Inc. purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter worth approximately $6,858,000. Graypoint LLC lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.5% during the 3rd quarter. Graypoint LLC now owns 126,099 shares of the company’s stock worth $5,475,000 after acquiring an additional 3,030 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 7.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 88,614 shares of the company’s stock valued at $3,848,000 after acquiring an additional 5,852 shares during the last quarter.

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

Shares of NYSEARCA:SHYG traded down $0.17 on Friday, hitting $42.62. 1,589,264 shares of the company’s stock were exchanged, compared to its average volume of 969,836. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.60 and a 12 month high of $43.45. The business’s 50 day simple moving average is $42.92 and its two-hundred day simple moving average is $42.83.

iShares 0-5 Year High Yield Corporate Bond ETF Company 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.