iShares 0-5 Year High Yield Corporate Bond ETF $SHYG Stake Lessened by Ninety One UK Ltd

Ninety One UK Ltd decreased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 24.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 439,879 shares of the company’s stock after selling 139,798 shares during the quarter. Ninety One UK Ltd’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $18,145,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ascentis Independent Advisors acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the first quarter valued at $42,000. NBT Bank N A NY boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 3,551.2% in the 1st quarter. NBT Bank N A NY now owns 1,570 shares of the company’s stock worth $66,000 after buying an additional 1,527 shares during the last quarter. Monetary Solutions Ltd acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 4th quarter worth about $66,000. Parallel Advisors LLC grew its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 28.5% in the 1st quarter. Parallel Advisors LLC now owns 10,513 shares of the company’s stock valued at $445,000 after buying an additional 2,331 shares during the period. Finally, Root Financial Partners LLC grew its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 3.7% in the 1st quarter. Root Financial Partners LLC now owns 14,458 shares of the company’s stock valued at $612,000 after buying an additional 513 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Price Performance

SHYG opened at $41.19 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $40.82 and a 12 month high of $43.31. The business has a 50-day moving average of $41.78 and a two-hundred day moving average of $42.15. The stock has a market capitalization of $7.62 billion, a price-to-earnings ratio of 10.74 and a beta of 0.29.

iShares 0-5 Year High Yield Corporate Bond ETF Profile

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield USD-denominated bonds with 0-5 years remaining in maturity. SHYG was launched on Oct 15, 2013 and is managed by BlackRock.