Icon Wealth Advisors LLC lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 419.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,899 shares of the exchange traded fund’s stock after buying an additional 8,801 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $875,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Lazard Asset Management LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth $3,022,000. Transcendent Capital Group LLC lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 3.1% during the first quarter. Transcendent Capital Group LLC now owns 43,459 shares of the exchange traded fund’s stock worth $3,378,000 after buying an additional 1,301 shares during the period. Sanibel Captiva Trust Company Inc. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 59.9% in the 1st quarter. Sanibel Captiva Trust Company Inc. now owns 21,286 shares of the exchange traded fund’s stock worth $1,655,000 after buying an additional 7,970 shares during the last quarter. Pathway Financial Advisers LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter valued at about $41,000. Finally, Stairway Partners LLC increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.3% during the 2nd quarter. Stairway Partners LLC now owns 249,904 shares of the exchange traded fund’s stock valued at $19,278,000 after acquiring an additional 7,870 shares during the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance
HYG opened at $79.49 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $74.93 and a 1 year high of $80.37. The company’s 50 day simple moving average is $79.59 and its 200 day simple moving average is $78.46. The stock has a market capitalization of $15.17 billion, a PE ratio of 9.60 and a beta of 0.36.
iShares iBoxx $ High Yield Corporate Bond ETF 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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