Amarillo National Bank boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG – Free Report) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 213,818 shares of the exchange traded fund’s stock after acquiring an additional 11,442 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF accounts for about 3.0% of Amarillo National Bank’s holdings, making the stock its 11th biggest holding. Amarillo National Bank owned 0.10% of iShares iBoxx $ High Yield Corporate Bond ETF worth $17,240,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in HYG. Triumph Capital Management acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter valued at approximately $38,000. Root Financial Partners LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter valued at approximately $40,000. First PREMIER Bank raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 12,840.0% in the third quarter. First PREMIER Bank now owns 647 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 642 shares in the last quarter. Cornerstone Planning Group LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter valued at approximately $59,000. Finally, Trust Co. of Vermont raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 111,700.0% in the third quarter. Trust Co. of Vermont now owns 1,118 shares of the exchange traded fund’s stock valued at $91,000 after acquiring an additional 1,117 shares in the last quarter.
iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.2%
Shares of NYSEARCA:HYG opened at $80.50 on Thursday. The firm’s 50 day moving average price is $80.06 and its 200 day moving average price is $80.48. The stock has a market cap of $17.58 billion, a price-to-earnings ratio of 10.79 and a beta of 0.42. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $77.97 and a fifty-two week high of $81.36.
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.
Further Reading
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