iA Global Asset Management Inc. Raises Holdings in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

iA Global Asset Management Inc. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 1.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,113,391 shares of the exchange traded fund’s stock after purchasing an additional 13,501 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF comprises about 1.2% of iA Global Asset Management Inc.’s investment portfolio, making the stock its 17th biggest position. iA Global Asset Management Inc. owned about 0.47% of iShares iBoxx $ High Yield Corporate Bond ETF worth $90,396,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Baird Financial Group Inc. increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 23.1% in the 2nd quarter. Baird Financial Group Inc. now owns 103,036 shares of the exchange traded fund’s stock worth $8,310,000 after acquiring an additional 19,309 shares during the last quarter. Trust Co. of Toledo NA OH bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $121,000. Grey Fox Wealth Advisors LLC grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 21.8% in the second quarter. Grey Fox Wealth Advisors LLC now owns 21,518 shares of the exchange traded fund’s stock valued at $1,735,000 after purchasing an additional 3,848 shares in the last quarter. Capricorn Fund Managers Ltd bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth $2,544,000. Finally, Amarillo National Bank increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 6.4% in the third quarter. Amarillo National Bank now owns 202,376 shares of the exchange traded fund’s stock worth $16,431,000 after purchasing an additional 12,169 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.1%

HYG stock opened at $81.18 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $75.08 and a 52 week high of $81.36. The company has a fifty day simple moving average of $80.70 and a two-hundred day simple moving average of $80.64. The firm has a market capitalization of $18.54 billion, a P/E ratio of 10.79 and a beta of 0.41.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.