J.Safra Asset Management Corp Purchases 10,612 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

J.Safra Asset Management Corp grew its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,902 shares of the exchange traded fund’s stock after purchasing an additional 10,612 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 0.5% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 26th largest holding. J.Safra Asset Management Corp’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $10,474,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. BNP Paribas boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.1% in the third quarter. BNP Paribas now owns 4,720,136 shares of the exchange traded fund’s stock worth $383,228,000 after purchasing an additional 184,894 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 18.4% in the third quarter. Ameriprise Financial Inc. now owns 1,818,659 shares of the exchange traded fund’s stock worth $147,320,000 after purchasing an additional 282,574 shares during the period. iA Global Asset Management Inc. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 16.8% in the fourth quarter. iA Global Asset Management Inc. now owns 1,300,125 shares of the exchange traded fund’s stock worth $104,829,000 after purchasing an additional 186,734 shares during the period. Cullen Frost Bankers Inc. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 142.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 420,126 shares of the exchange traded fund’s stock worth $33,875,000 after purchasing an additional 246,871 shares during the period. Finally, Williams Jones Wealth Management LLC. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2.5% in the third quarter. Williams Jones Wealth Management LLC. now owns 293,700 shares of the exchange traded fund’s stock worth $23,846,000 after purchasing an additional 7,200 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

HYG stock opened at $79.47 on Thursday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $78.57 and a one year high of $81.36. The company’s fifty day moving average price is $79.99 and its 200-day moving average price is $80.34. The company has a market capitalization of $16.99 billion, a PE ratio of 10.79 and a beta of 0.39.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.