Richardson Financial Services Inc. Sells 17,095 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Richardson Financial Services Inc. cut its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 43.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 22,305 shares of the exchange traded fund’s stock after selling 17,095 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF comprises 1.0% of Richardson Financial Services Inc.’s holdings, making the stock its 21st biggest position. Richardson Financial Services Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,722,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of HYG. Stairway Partners LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter valued at approximately $27,512,000. Acasta Partners UK LLP boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 95.4% in the second quarter. Acasta Partners UK LLP now owns 198,841 shares of the exchange traded fund’s stock valued at $15,901,000 after buying an additional 97,104 shares during the period. Parallel Advisors LLC increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.7% during the first quarter. Parallel Advisors LLC now owns 157,497 shares of the exchange traded fund’s stock worth $12,531,000 after acquiring an additional 1,092 shares in the last quarter. Nvwm LLC increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 182.5% during the third quarter. Nvwm LLC now owns 148,263 shares of the exchange traded fund’s stock worth $11,447,000 after acquiring an additional 95,782 shares in the last quarter. Finally, Strategic Investment Advisors MI increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9.6% during the first quarter. Strategic Investment Advisors MI now owns 119,679 shares of the exchange traded fund’s stock worth $9,521,000 after acquiring an additional 10,475 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.7%

Shares of NYSEARCA:HYG opened at $77.52 on Thursday. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $76.39 and a 12 month high of $81.24. The company’s fifty day simple moving average is $77.91 and its 200 day simple moving average is $79.48. The firm has a market cap of $17.79 billion, a price-to-earnings ratio of 10.79 and a beta of 0.42.

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.