Financial Management Professionals Inc. Has $241,000 Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Financial Management Professionals Inc. lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,066 shares of the exchange traded fund’s stock after purchasing an additional 342 shares during the period. Financial Management Professionals Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $241,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Loomis Sayles & Co. L P increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2,933.8% during the third quarter. Loomis Sayles & Co. L P now owns 3,903,830 shares of the exchange traded fund’s stock worth $313,478,000 after buying an additional 3,775,150 shares during the period. BNP Paribas boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 2,083.1% during the third quarter. BNP Paribas now owns 2,820,701 shares of the exchange traded fund’s stock valued at $226,502,000 after acquiring an additional 2,691,493 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,842,486 shares of the exchange traded fund’s stock worth $147,952,000 after acquiring an additional 614,400 shares in the last quarter. Toronto Dominion Bank lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 528.9% in the 2nd quarter. Toronto Dominion Bank now owns 682,340 shares of the exchange traded fund’s stock valued at $52,636,000 after purchasing an additional 573,840 shares during the period. Finally, Stairway Partners LLC boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.5% during the 4th quarter. Stairway Partners LLC now owns 307,948 shares of the exchange traded fund’s stock valued at $24,220,000 after purchasing an additional 10,464 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of HYG stock opened at $79.46 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $75.59 and a fifty-two week high of $80.37. The stock has a 50 day simple moving average of $79.22 and a two-hundred day simple moving average of $79.04. The company has a market cap of $15.16 billion, a P/E ratio of 9.60 and a beta of 0.36.

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.