BNP Paribas Financial Markets Sells 562 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

BNP Paribas Financial Markets lowered its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 17.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,720 shares of the company’s stock after selling 562 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $118,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Fortitude Family Office LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter valued at about $37,000. Richardson Capital Management LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% in the third quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock valued at $67,000 after purchasing an additional 467 shares in the last quarter. First Horizon Advisors Inc. grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% in the second quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock valued at $72,000 after purchasing an additional 409 shares in the last quarter. Princeton Global Asset Management LLC acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth approximately $105,000. Finally, Whittier Trust Co. raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.3% during the 2nd quarter. Whittier Trust Co. now owns 2,578 shares of the company’s stock worth $109,000 after purchasing an additional 553 shares in the last quarter.

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

Shares of SHYG opened at $42.38 on Thursday. The firm has a 50-day moving average of $43.05 and a 200-day moving average of $42.78. iShares 0-5 Year High Yield Corporate Bond ETF has a one year low of $41.60 and a one year high of $43.45.

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.