Jones Financial Companies Lllp increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 64.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,351 shares of the exchange traded fund’s stock after purchasing an additional 11,467 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,308,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of HYG. Harbor Capital Advisors Inc. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 135.8% in the fourth quarter. Harbor Capital Advisors Inc. now owns 3,919 shares of the exchange traded fund’s stock worth $308,000 after acquiring an additional 2,257 shares in the last quarter. Mittelman Wealth Management raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 287.6% in the third quarter. Mittelman Wealth Management now owns 25,662 shares of the exchange traded fund’s stock worth $2,061,000 after acquiring an additional 19,041 shares in the last quarter. Private Trust Co. NA raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 16.4% in the third quarter. Private Trust Co. NA now owns 5,503 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 775 shares in the last quarter. Kovitz Investment Group Partners LLC raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 0.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 169,472 shares of the exchange traded fund’s stock worth $13,551,000 after acquiring an additional 602 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 50.0% in the third quarter. JPMorgan Chase & Co. now owns 1,842,486 shares of the exchange traded fund’s stock worth $147,952,000 after acquiring an additional 614,400 shares in the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance
NYSEARCA:HYG opened at $79.62 on Thursday. The stock has a fifty day moving average price of $79.40 and a two-hundred day moving average price of $79.44. The stock has a market capitalization of $15.20 billion, a price-to-earnings ratio of 16.45 and a beta of 0.46. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.59 and a 1 year 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.
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