Financial Management Professionals Inc. Purchases 342 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Financial Management Professionals Inc. grew its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 12.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,066 shares of the exchange traded fund’s stock after acquiring an additional 342 shares during the quarter. Financial Management Professionals Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $241,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. RPg Family Wealth Advisory LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth $108,000. Rosenberg Matthew Hamilton increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 39.3% during the third quarter. Rosenberg Matthew Hamilton now owns 1,379 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 389 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter worth $118,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 72.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,576 shares of the exchange traded fund’s stock worth $127,000 after acquiring an additional 664 shares during the period. Finally, Boyd Watterson Asset Management LLC OH increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 30.5% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 2,486 shares of the exchange traded fund’s stock worth $200,000 after buying an additional 581 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA:HYG opened at $79.46 on Friday. The company has a market capitalization of $15.16 billion, a P/E ratio of 9.60 and a beta of 0.36. The business’s 50 day simple moving average is $79.22 and its 200 day simple moving average is $79.04. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.59 and a 1 year high of $80.37.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.