iShares US & Intl High Yield Corp Bond ETF $GHYG Stake Lowered by Baird Financial Group Inc.

Baird Financial Group Inc. cut its stake in shares of iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) by 15.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,505 shares of the company’s stock after selling 1,207 shares during the quarter. Baird Financial Group Inc. owned approximately 0.16% of iShares US & Intl High Yield Corp Bond ETF worth $290,000 as of its most recent SEC filing.

Separately, Bank of New York Mellon Corp grew its holdings in iShares US & Intl High Yield Corp Bond ETF by 11.1% in the 1st quarter. Bank of New York Mellon Corp now owns 7,920 shares of the company’s stock worth $353,000 after buying an additional 790 shares in the last quarter.

iShares US & Intl High Yield Corp Bond ETF Price Performance

Shares of GHYG stock opened at $46.46 on Friday. The firm has a market capitalization of $167.24 million, a price-to-earnings ratio of 11.09 and a beta of 0.44. iShares US & Intl High Yield Corp Bond ETF has a 12-month low of $42.22 and a 12-month high of $46.44. The business has a 50 day simple moving average of $46.18 and a 200 day simple moving average of $45.36.

iShares US & Intl High Yield Corp Bond ETF Company Profile

The iShares US & Intl High Yield Corp Bond ETF (GHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield bonds issued in developed markets and denominated in local currencies. GHYG was launched on Apr 3, 2012 and is managed by BlackRock.