Loomis Sayles & Co. L P Sells 3,697,967 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Loomis Sayles & Co. L P lessened its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 94.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,863 shares of the exchange traded fund’s stock after selling 3,697,967 shares during the period. Loomis Sayles & Co. L P owned approximately 0.11% of iShares iBoxx $ High Yield Corporate Bond ETF worth $16,191,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. WR Wealth Planners LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 48.2% in the fourth quarter. WR Wealth Planners LLC now owns 406 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 132 shares in the last quarter. Lee Danner & Bass Inc. acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth $79,000. YANKCOM Partnership bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at $109,000. Union Savings Bank acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth $137,000. Finally, Providence First Trust Co bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth about $199,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $78.80 on Friday. The firm has a market cap of $15.28 billion, a price-to-earnings ratio of 10.89 and a beta of 0.46. The stock’s 50-day moving average is $79.49 and its 200-day moving average is $79.43. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $75.59 and a one year high of $80.37.

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.