iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Shares Sold by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC lowered its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 4.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,948 shares of the exchange traded fund’s stock after selling 187 shares during the period. Cary Street Partners Financial LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $311,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bessemer Group Inc. increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.7% in the fourth quarter. Bessemer Group Inc. now owns 8,563 shares of the exchange traded fund’s stock worth $673,000 after acquiring an additional 384 shares during the period. Belpointe Asset Management LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 2.4% during the fourth quarter. Belpointe Asset Management LLC now owns 25,460 shares of the exchange traded fund’s stock valued at $2,020,000 after buying an additional 587 shares during the period. Rossby Financial LCC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at $1,307,000. Jump Financial LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at $1,257,000. Finally, State of Tennessee Department of Treasury grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 67.7% during the fourth quarter. State of Tennessee Department of Treasury now owns 2,330,908 shares of the exchange traded fund’s stock valued at $183,326,000 after buying an additional 940,923 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

HYG stock opened at $80.22 on Friday. The firm has a market cap of $17.01 billion, a PE ratio of 10.79 and a beta of 0.43. The firm’s fifty day moving average is $80.01 and its 200 day moving average is $79.28. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $75.08 and a one year high of $80.67.

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.