Legacy Financial Group LLC grew its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) by 62.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 417,113 shares of the company’s stock after purchasing an additional 160,814 shares during the quarter. iShares 0-5 Year High Yield Corporate Bond ETF accounts for about 2.2% of Legacy Financial Group LLC’s holdings, making the stock its 15th biggest holding. Legacy Financial Group LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $17,836,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in SHYG. Dunhill Financial LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter valued at approximately $26,000. Millstone Evans Group LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the fourth quarter valued at approximately $34,000. WFA of San Diego LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter valued at approximately $47,000. Winnow Wealth LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter worth approximately $127,000. Finally, Bessemer Group Inc. purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter worth approximately $131,000.
iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.0%
Shares of iShares 0-5 Year High Yield Corporate Bond ETF stock opened at $42.40 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $41.83 and a 52-week high of $43.39. The company has a 50 day moving average of $42.38 and a 200 day moving average of $42.72. The company has a market capitalization of $7.53 billion, a P/E ratio of 10.74 and a beta of 0.28.
About iShares 0-5 Year High Yield Corporate Bond ETF
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.
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