iA Global Asset Management Inc. Decreases Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

iA Global Asset Management Inc. lowered its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 0.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,099,890 shares of the exchange traded fund’s stock after selling 4,728 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF comprises 1.3% of iA Global Asset Management Inc.’s portfolio, making the stock its 16th largest holding. iA Global Asset Management Inc. owned 0.52% of iShares iBoxx $ High Yield Corporate Bond ETF worth $88,706,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Citizens & Northern Corp raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 2.7% during the second quarter. Citizens & Northern Corp now owns 7,019 shares of the exchange traded fund’s stock worth $566,000 after acquiring an additional 182 shares during the last quarter. Boyd Watterson Asset Management LLC OH raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 13.3% during the first quarter. Boyd Watterson Asset Management LLC OH now owns 2,158 shares of the exchange traded fund’s stock worth $170,000 after acquiring an additional 253 shares during the last quarter. Golden State Wealth Management LLC raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 8.1% during the first quarter. Golden State Wealth Management LLC now owns 4,005 shares of the exchange traded fund’s stock worth $316,000 after acquiring an additional 301 shares during the last quarter. ST Germain D J Co. Inc. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 207.7% during the second quarter. ST Germain D J Co. Inc. now owns 480 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 324 shares during the last quarter. Finally, Ironwood Investment Counsel LLC raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 1.9% during the first quarter. Ironwood Investment Counsel LLC now owns 21,215 shares of the exchange traded fund’s stock worth $1,674,000 after acquiring an additional 395 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

NYSEARCA:HYG opened at $80.80 on Friday. The firm has a 50 day simple moving average of $80.88 and a 200-day simple moving average of $80.05. The firm has a market cap of $19.04 billion, a PE ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.08 and a 1-year high of $81.36.

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.