First Horizon Advisors Inc. Increases Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

First Horizon Advisors Inc. increased its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 149.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,747 shares of the exchange traded fund’s stock after acquiring an additional 9,434 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,239,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of HYG. Arkadios Wealth Advisors boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 9.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 15,660 shares of the exchange traded fund’s stock valued at $1,258,000 after purchasing an additional 1,326 shares during the period. Amarillo National Bank boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1.2% during the third quarter. Amarillo National Bank now owns 190,961 shares of the exchange traded fund’s stock valued at $15,334,000 after buying an additional 2,184 shares during the period. Farmers & Merchants Investments Inc. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 3.2% during the third quarter. Farmers & Merchants Investments Inc. now owns 154,611 shares of the exchange traded fund’s stock valued at $12,415,000 after buying an additional 4,775 shares during the period. Rosenberg Matthew Hamilton grew 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 in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 6.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 42,115 shares of the exchange traded fund’s stock worth $3,382,000 after acquiring an additional 2,511 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.2 %

NYSEARCA:HYG opened at $79.65 on Monday. The stock has a market cap of $15.20 billion, a P/E ratio of 9.60 and a beta of 0.36. The business’s 50-day moving average price is $79.22 and its two-hundred day moving average price is $79.36. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $75.59 and a twelve month 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.