Ameriflex Group Inc. Grows Stock Holdings in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Ameriflex Group Inc. boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 30.6% during the second quarter, Holdings Channel reports. The firm owned 2,059 shares of the company’s stock after purchasing an additional 482 shares during the quarter. Ameriflex Group Inc.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $89,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. TD Private Client Wealth LLC purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter valued at $45,000. Parallel Advisors LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 114.7% in the first quarter. Parallel Advisors LLC now owns 1,930 shares of the company’s stock worth $82,000 after acquiring an additional 1,031 shares during the period. Wells Financial Advisors INC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 29.0% in the first quarter. Wells Financial Advisors INC now owns 2,135 shares of the company’s stock worth $91,000 after acquiring an additional 480 shares during the period. Richardson Capital Management LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 12.8% during the first quarter. Richardson Capital Management LLC now owns 2,222 shares of the company’s stock valued at $94,000 after acquiring an additional 253 shares during the last quarter. Finally, Westend Capital Management LLC bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the first quarter valued at about $103,000.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA:SHYG opened at $43.08 on Friday. The stock’s 50-day simple moving average is $43.11 and its two-hundred day simple moving average is $42.67. The stock has a market capitalization of $7.45 billion, a price-to-earnings ratio of 10.74 and a beta of 0.34. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $40.38 and a 52-week high of $43.39.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield USD-denominated bonds with 0-5 years remaining in maturity. SHYG was launched on Oct 15, 2013 and is managed by BlackRock.