Providence First Trust Co Buys New Shares in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Providence First Trust Co bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,535 shares of the exchange traded fund’s stock, valued at approximately $199,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WR Wealth Planners LLC increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 48.2% during the 4th quarter. WR Wealth Planners LLC now owns 406 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 132 shares during the last quarter. RPg Family Wealth Advisory LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter worth approximately $108,000. YANKCOM Partnership bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at approximately $109,000. Rosenberg Matthew Hamilton raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 39.3% in the third quarter. Rosenberg Matthew Hamilton now owns 1,379 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 389 shares during the period. Finally, Union Savings Bank acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at approximately $137,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.3 %

HYG stock opened at $80.13 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.59 and a 1-year high of $80.37. The business’s 50 day simple moving average is $79.34 and its 200 day simple moving average is $79.41. The firm has a market capitalization of $15.29 billion, a PE ratio of 9.60 and a beta of 0.36.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.