NBT Bank N A NY reduced its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 5.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 71,233 shares of the exchange traded fund’s stock after selling 3,946 shares during the quarter. NBT Bank N A NY’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $5,745,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 329.0% during the first quarter. JPMorgan Chase & Co. now owns 2,876,809 shares of the exchange traded fund’s stock worth $226,952,000 after purchasing an additional 2,206,165 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 10.5% during the first quarter. Ameriprise Financial Inc. now owns 1,831,834 shares of the exchange traded fund’s stock worth $142,373,000 after purchasing an additional 174,611 shares during the last quarter. Deseret Mutual Benefit Administrators grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.9% during the first quarter. Deseret Mutual Benefit Administrators now owns 228,669 shares of the exchange traded fund’s stock worth $18,040,000 after purchasing an additional 2,095 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 45.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 219,256 shares of the exchange traded fund’s stock worth $17,297,000 after purchasing an additional 68,435 shares during the last quarter. Finally, Amarillo National Bank grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 6.5% during the second quarter. Amarillo National Bank now owns 190,207 shares of the exchange traded fund’s stock worth $15,340,000 after purchasing an additional 11,598 shares during the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.1%
NYSEARCA:HYG opened at $80.77 on Wednesday. The stock has a market cap of $18.97 billion, a P/E ratio of 10.79 and a beta of 0.43. The stock’s 50-day moving average is $80.74 and its 200-day moving average is $79.66. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.08 and a 1-year high of $81.36.
iShares iBoxx $ High Yield Corporate Bond ETF 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.
Further Reading
- Five stocks we like better than iShares iBoxx $ High Yield Corporate Bond ETF
- 3 Small Caps With Big Return Potential
- EA’s $55 Billion Deal Spurs a Shake-Up in the Gaming Sector
- How Can Investors Benefit From After-Hours Trading
- These Are the 3 Hottest Sectors for Q3 Earnings Growth
- What is an Earnings Surprise?
- AMD Could Double From Here—Thanks to Its Blockbuster OpenAI Deal
Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report).
Receive News & Ratings for iShares iBoxx $ High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.