Prime Capital Investment Advisors LLC boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 15.3% in the third quarter, HoldingsChannel.com reports. The firm owned 215,643 shares of the exchange traded fund’s stock after purchasing an additional 28,591 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $17,316,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Viewpoint Capital Management LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter worth about $28,000. Anfield Capital Management LLC boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 46.7% in the 2nd quarter. Anfield Capital Management LLC now owns 465 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 148 shares during the period. Pathway Financial Advisers LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth about $41,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter valued at about $70,000. Finally, Rosenberg Matthew Hamilton raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 334 shares during the period.
iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.2 %
Shares of NYSEARCA:HYG traded down $0.17 on Tuesday, reaching $79.54. 3,897,667 shares of the company’s stock were exchanged, compared to its average volume of 36,248,129. The company has a fifty day moving average of $79.56 and a 200-day moving average of $78.31. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $73.79 and a twelve month high of $80.37. The company has a market capitalization of $15.18 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36.
iShares iBoxx $ High Yield Corporate Bond ETF Company Profile
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.
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Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report).
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