Burke & Herbert Bank & Trust Co. bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,174 shares of the exchange traded fund’s stock, valued at approximately $863,000.
Several other large investors also recently added to or reduced their stakes in the business. Stairway Partners LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9.0% during the 2nd quarter. Stairway Partners LLC now owns 355,328 shares of the exchange traded fund’s stock valued at $28,416,000 after purchasing an additional 29,299 shares in the last quarter. Acasta Partners UK LLP boosted its holdings in 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 worth $15,901,000 after purchasing an additional 97,104 shares in the last quarter. Parallel Advisors LLC boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 0.7% in the first quarter. Parallel Advisors LLC now owns 157,497 shares of the exchange traded fund’s stock worth $12,531,000 after purchasing an additional 1,092 shares in the last quarter. Nvwm LLC increased its position in 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 buying an additional 95,782 shares during the last quarter. Finally, Strategic Investment Advisors MI increased its position in 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 buying an additional 10,475 shares during the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.1%
NYSEARCA HYG traded down $0.05 during trading on Friday, hitting $77.23. 31,778,277 shares of the company traded hands, compared to its average volume of 44,025,469. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $76.39 and a 12 month high of $81.24. The business has a fifty day simple moving average of $77.80 and a 200 day simple moving average of $79.44. The company has a market capitalization of $17.71 billion, a P/E 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.
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