iShares iBoxx $ High Yield Corporate Bond ETF $HYG Shares Acquired by Hilltop Holdings Inc.

Hilltop Holdings Inc. increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 24.8% in the first quarter, Holdings Channel.com reports. The firm owned 56,413 shares of the exchange traded fund’s stock after purchasing an additional 11,194 shares during the period. Hilltop Holdings Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $4,488,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HYG. Elyxium Wealth LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at $32,000. Triumph Capital Management acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth about $38,000. High Point Wealth Management LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth about $38,000. IFC & Insurance Marketing Inc. purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at about $81,000. Finally, Sound Income Strategies LLC grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 14.8% in the 1st quarter. Sound Income Strategies LLC now owns 1,068 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 138 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

NYSEARCA HYG opened at $79.23 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $78.57 and a 12 month high of $81.36. The company has a 50-day moving average of $79.78 and a 200-day moving average of $80.14. The company has a market cap of $16.36 billion, a P/E ratio of 10.79 and a beta of 0.39.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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.