SG Americas Securities LLC Sells 53,606 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

SG Americas Securities LLC lowered its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 30.4% during the first quarter, Holdings Channel.com reports. The firm owned 122,589 shares of the exchange traded fund’s stock after selling 53,606 shares during the period. SG Americas Securities LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $9,753,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Farmers & Merchants Investments Inc. grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 7.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 162,343 shares of the exchange traded fund’s stock valued at $13,090,000 after purchasing an additional 10,585 shares during the last quarter. Burns J W & Co. Inc. NY boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 27.0% in the 4th quarter. Burns J W & Co. Inc. NY now owns 31,042 shares of the exchange traded fund’s stock valued at $2,503,000 after buying an additional 6,605 shares during the last quarter. Cullen Frost Bankers Inc. increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 142.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 420,126 shares of the exchange traded fund’s stock valued at $33,875,000 after buying an additional 246,871 shares during the period. Belvedere Trading LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth about $1,038,000. Finally, Amarillo National Bank lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 5.7% during the 4th quarter. Amarillo National Bank now owns 213,818 shares of the exchange traded fund’s stock valued at $17,240,000 after purchasing an additional 11,442 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA HYG opened at $79.83 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $78.57 and a 1 year high of $81.36. The firm’s 50-day moving average is $79.99 and its 200-day moving average is $80.27. The firm has a market capitalization of $17.07 billion, a PE ratio of 10.79 and a beta of 0.39.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.