Central Bank & Trust Co. Purchases 59,295 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Central Bank & Trust Co. acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 59,295 shares of the exchange traded fund’s stock, valued at approximately $4,578,000.

A number of other large investors also recently bought and sold shares of the stock. Aventus Investment Advisors Inc. raised its position 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 valued at $1,154,000 after purchasing an additional 214 shares during the period. CoreCap Advisors LLC lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 47.1% in the third quarter. CoreCap Advisors LLC now owns 9,311 shares of the exchange traded fund’s stock worth $719,000 after acquiring an additional 2,981 shares in the last quarter. Worth Asset Management LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 3.5% during the 3rd quarter. Worth Asset Management LLC now owns 79,221 shares of the exchange traded fund’s stock worth $6,117,000 after purchasing an additional 2,672 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $154,000. Finally, Stairway Partners LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter valued at $27,512,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA HYG traded up $0.07 during midday trading on Friday, hitting $77.20. The company’s stock had a trading volume of 13,989,811 shares, compared to its average volume of 43,042,680. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $76.39 and a 1-year high of $81.33. The firm’s fifty day moving average price is $78.83 and its 200-day moving average price is $79.47. The firm has a market cap of $17.93 billion, a P/E ratio of 10.79 and a beta of 0.41.

iShares iBoxx $ High Yield Corporate Bond ETF 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.