Farther Finance Advisors LLC Has $748,000 Stock Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Farther Finance Advisors LLC reduced its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 24.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,566 shares of the company’s stock after selling 5,825 shares during the period. Farther Finance Advisors LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $748,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 7.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 88,614 shares of the company’s stock valued at $3,848,000 after buying an additional 5,852 shares in the last quarter. Mount Lucas Management LP increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 4.6% during the third quarter. Mount Lucas Management LP now owns 41,512 shares of the company’s stock valued at $1,802,000 after acquiring an additional 1,835 shares in the last quarter. SouthState Corp raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 114.9% during the third quarter. SouthState Corp now owns 5,795 shares of the company’s stock worth $252,000 after purchasing an additional 3,099 shares during the period. First Horizon Advisors Inc. lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock worth $94,000 after purchasing an additional 458 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 69.4% in the 3rd quarter. Captrust Financial Advisors now owns 9,582 shares of the company’s stock valued at $416,000 after purchasing an additional 3,926 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.4 %

SHYG opened at $42.55 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 1-year low of $41.60 and a 1-year high of $43.45. The company has a market cap of $6.52 billion, a price-to-earnings ratio of 10.83 and a beta of 0.36. The company’s fifty day moving average price is $42.97 and its two-hundred day moving average price is $42.99.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

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.