Motley Fool Wealth Management LLC Acquires 14,004 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Motley Fool Wealth Management LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 443,416 shares of the company’s stock after acquiring an additional 14,004 shares during the period. Motley Fool Wealth Management LLC owned approximately 0.33% of iShares 0-5 Year High Yield Corporate Bond ETF worth $18,717,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in SHYG. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 9.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 232,456 shares of the company’s stock worth $9,538,000 after acquiring an additional 20,718 shares in the last quarter. Bank of New York Mellon Corp increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 171.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,960,215 shares of the company’s stock valued at $80,428,000 after buying an additional 1,238,893 shares in the last quarter. Graypoint LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 18.0% in the 3rd quarter. Graypoint LLC now owns 208,271 shares of the company’s stock valued at $8,545,000 after buying an additional 31,838 shares in the last quarter. First Horizon Advisors Inc. increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 68.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,041 shares of the company’s stock valued at $84,000 after buying an additional 827 shares in the last quarter. Finally, Sierra Capital LLC increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 1.8% in the 3rd quarter. Sierra Capital LLC now owns 32,224 shares of the company’s stock valued at $1,322,000 after buying an additional 556 shares in the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance

iShares 0-5 Year High Yield Corporate Bond ETF stock traded up $0.11 during midday trading on Friday, reaching $42.07. The stock had a trading volume of 2,093,523 shares, compared to its average volume of 1,506,979. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $40.15 and a 12 month high of $42.67. The company has a fifty day moving average price of $42.23 and a two-hundred day moving average price of $41.88.

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.