Crestwood Advisors Group LLC Buys 1,277 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Crestwood Advisors Group LLC lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 34.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,942 shares of the exchange traded fund’s stock after purchasing an additional 1,277 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $389,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. White Pine Capital LLC boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.2% during the 4th quarter. White Pine Capital LLC now owns 4,065 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 162 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 1.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 19,885 shares of the exchange traded fund’s stock valued at $1,597,000 after acquiring an additional 212 shares in the last quarter. Nvwm LLC lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 5.8% in the 4th quarter. Nvwm LLC now owns 5,400 shares of the exchange traded fund’s stock valued at $425,000 after acquiring an additional 295 shares in the last quarter. Financial Management Professionals Inc. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 12.6% in the 4th quarter. Financial Management Professionals Inc. now owns 3,066 shares of the exchange traded fund’s stock valued at $241,000 after acquiring an additional 342 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 2.2% in the 4th quarter. Arkadios Wealth Advisors now owns 16,008 shares of the exchange traded fund’s stock valued at $1,259,000 after acquiring an additional 348 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA HYG opened at $79.95 on Wednesday. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $75.59 and a fifty-two week high of $80.37. The stock has a market cap of $15.25 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. The firm’s 50-day simple moving average is $79.23 and its 200 day simple moving average is $79.39.

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.