Burns J W & Co. Inc. NY Has $2.50 Million Stake in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Burns J W & Co. Inc. NY grew its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 27.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,042 shares of the exchange traded fund’s stock after purchasing an additional 6,605 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,503,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Baird Financial Group Inc. lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 23.1% in the second quarter. Baird Financial Group Inc. now owns 103,036 shares of the exchange traded fund’s stock valued at $8,310,000 after buying an additional 19,309 shares during the period. Capricorn Fund Managers Ltd acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth about $2,544,000. Amarillo National Bank grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 6.4% during the 3rd quarter. Amarillo National Bank now owns 202,376 shares of the exchange traded fund’s stock worth $16,431,000 after acquiring an additional 12,169 shares during the period. Dearborn Partners LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter worth about $760,000. Finally, BNP Paribas raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 296.1% in the 2nd quarter. BNP Paribas now owns 4,535,242 shares of the exchange traded fund’s stock worth $365,767,000 after acquiring an additional 3,390,278 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA:HYG opened at $79.42 on Thursday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.08 and a 1 year high of $81.36. The business’s 50-day moving average is $80.48 and its 200-day moving average is $80.64. The company has a market capitalization of $17.73 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41.

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