Yorktown Management & Research Co Inc Invests $650,000 in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Yorktown Management & Research Co Inc bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,000 shares of the exchange traded fund’s stock, valued at approximately $650,000.

A number of other large investors also recently modified their holdings of HYG. NewEdge Advisors LLC raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 130.8% during the first quarter. NewEdge Advisors LLC now owns 17,128 shares of the exchange traded fund’s stock worth $1,351,000 after acquiring an additional 9,708 shares in the last quarter. Farmers & Merchants Investments Inc. increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.8% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 173,010 shares of the exchange traded fund’s stock worth $13,953,000 after purchasing an additional 1,424 shares during the last quarter. Amarillo National Bank increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 6.5% during the 2nd 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. 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 in the last quarter. Finally, City Holding Co. grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 5.9% in the 2nd quarter. City Holding Co. now owns 23,432 shares of the exchange traded fund’s stock valued at $1,890,000 after acquiring an additional 1,313 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $81.09 on Friday. The stock has a 50-day simple moving average of $80.65 and a 200 day simple moving average of $80.62. The stock has a market capitalization of $18.82 billion, a P/E ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $75.08 and a 52 week 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.