Janney Montgomery Scott LLC Purchases 191,135 Shares of iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Janney Montgomery Scott LLC increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 474.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 231,390 shares of the company’s stock after purchasing an additional 191,135 shares during the period. Janney Montgomery Scott LLC owned 0.15% of iShares 0-5 Year High Yield Corporate Bond ETF worth $9,982,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SHYG. Parallel Advisors LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 114.7% in the 1st quarter. Parallel Advisors LLC now owns 1,930 shares of the company’s stock valued at $82,000 after buying an additional 1,031 shares during the period. Princeton Global Asset Management LLC boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 12.3% during the 1st quarter. Princeton Global Asset Management LLC now owns 5,477 shares of the company’s stock worth $233,000 after acquiring an additional 599 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 78.9% in the 1st quarter. Farther Finance Advisors LLC now owns 31,431 shares of the company’s stock valued at $1,331,000 after purchasing an additional 13,865 shares during the last quarter. North Star Investment Management Corp. raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 12.5% during the first quarter. North Star Investment Management Corp. now owns 5,471 shares of the company’s stock valued at $233,000 after acquiring an additional 606 shares during the last quarter. Finally, Copia Wealth Management acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the first quarter worth $208,000.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.1%

NYSEARCA:SHYG opened at $43.08 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $40.38 and a 12 month high of $43.39. The stock has a market capitalization of $7.45 billion, a price-to-earnings ratio of 10.74 and a beta of 0.34. The firm has a fifty day simple moving average of $43.11 and a two-hundred day simple moving average of $42.67.

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.