Montecito Bank & Trust acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 19,102 shares of the company’s stock, valued at approximately $827,000.
A number of other large investors also recently modified their holdings of the company. TD Private Client Wealth LLC bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth approximately $45,000. WFA of San Diego LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the second quarter worth approximately $47,000. Ameriflex Group Inc. raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 30.6% during the second quarter. Ameriflex Group Inc. now owns 2,059 shares of the company’s stock worth $89,000 after acquiring an additional 482 shares in the last quarter. FWL Investment Management LLC lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1,291.0% in the 2nd quarter. FWL Investment Management LLC now owns 2,156 shares of the company’s stock worth $93,000 after acquiring an additional 2,001 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter valued at $113,000.
iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance
SHYG stock opened at $43.00 on Friday. The firm has a market cap of $7.89 billion, a P/E ratio of 10.74 and a beta of 0.30. The firm’s fifty day moving average is $42.91 and its 200 day moving average is $42.95. iShares 0-5 Year High Yield Corporate Bond ETF has a 52 week low of $40.38 and a 52 week high of $43.39.
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.
Recommended Stories
- Five stocks we like better than iShares 0-5 Year High Yield Corporate Bond ETF
- The Significance of Brokerage Rankings in Stock Selection
- Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500
- There Are Different Types of Stock To Invest In
- Forget the Chips: 4 Industrial Plays for the AI Rebound
- Investing In Automotive Stocks
- MongoDB Could Hit Record Highs—But You’ll Need to Move Fast
Want to see what other hedge funds are holding SHYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report).
Receive News & Ratings for iShares 0-5 Year High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
