18,592 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG Purchased by Ninety One UK Ltd

Ninety One UK Ltd acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the third quarter, Holdings Channel.com reports. The firm acquired 18,592 shares of the exchange traded fund’s stock, valued at approximately $1,435,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Nvwm LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 182.5% during the 3rd quarter. Nvwm LLC now owns 148,263 shares of the exchange traded fund’s stock valued at $11,447,000 after buying an additional 95,782 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth approximately $27,000. Central Bank & Trust Co. purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth approximately $4,578,000. Aventus Investment Advisors Inc. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1.5% in the third quarter. Aventus Investment Advisors Inc. now owns 14,949 shares of the exchange traded fund’s stock worth $1,154,000 after buying an additional 214 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 47.1% during the third quarter. CoreCap Advisors LLC now owns 9,311 shares of the exchange traded fund’s stock valued at $719,000 after acquiring an additional 2,981 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA HYG opened at $77.13 on Friday. The stock has a market capitalization of $17.90 billion, a P/E ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $76.39 and a one year high of $81.33. The firm’s 50 day simple moving average is $78.59 and its two-hundred day simple moving average is $79.40.

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.