iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Shares Sold by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lowered its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 38.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,476 shares of the company’s stock after selling 1,564 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $105,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Motley Fool Wealth Management LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% during the third quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock worth $29,813,000 after buying an additional 340,749 shares in the last quarter. Ninety One UK Ltd grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 17.7% during the fourth quarter. Ninety One UK Ltd now owns 423,751 shares of the company’s stock worth $18,056,000 after buying an additional 63,779 shares in the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 0.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 303,830 shares of the company’s stock worth $12,946,000 after buying an additional 1,807 shares in the last quarter. Kiely Wealth Advisory Group Inc. purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter worth about $6,858,000. Finally, Graypoint LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 4.3% during the fourth quarter. Graypoint LLC now owns 131,461 shares of the company’s stock worth $5,602,000 after buying an additional 5,362 shares in the last quarter.

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

Shares of NYSEARCA SHYG opened at $42.56 on Wednesday. The company has a market cap of $6.52 billion, a PE ratio of 10.83 and a beta of 0.36. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.60 and a 12 month high of $43.45. The company has a 50-day simple moving average of $42.96 and a 200-day simple moving average of $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.