Alexis Investment Partners LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) by 14.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 147,810 shares of the company’s stock after purchasing an additional 18,997 shares during the period. iShares 0-5 Year High Yield Corporate Bond ETF makes up about 2.4% of Alexis Investment Partners LLC’s holdings, making the stock its 15th largest holding. Alexis Investment Partners LLC owned approximately 0.08% of iShares 0-5 Year High Yield Corporate Bond ETF worth $6,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Ninety One UK Ltd increased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 43.9% in the 3rd quarter. Ninety One UK Ltd now owns 609,751 shares of the company’s stock worth $26,402,000 after acquiring an additional 186,000 shares during the last quarter. Arkadios Wealth Advisors boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 12.8% during the 3rd quarter. Arkadios Wealth Advisors now owns 126,806 shares of the company’s stock valued at $5,491,000 after acquiring an additional 14,426 shares during the last quarter. Waterloo Capital L.P. boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 7.2% during the 3rd quarter. Waterloo Capital L.P. now owns 235,112 shares of the company’s stock valued at $10,180,000 after acquiring an additional 15,832 shares during the last quarter. Sound Income Strategies LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.5% in the fourth quarter. Sound Income Strategies LLC now owns 1,035,730 shares of the company’s stock valued at $44,588,000 after purchasing an additional 34,667 shares during the period. Finally, Mount Lucas Management LP increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 4.7% during the third quarter. Mount Lucas Management LP now owns 44,214 shares of the company’s stock worth $1,914,000 after purchasing an additional 1,983 shares during the last quarter.
iShares 0-5 Year High Yield Corporate Bond ETF Price Performance
Shares of SHYG stock opened at $42.67 on Monday. The firm’s 50-day moving average is $42.45 and its two-hundred day moving average is $42.76. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.83 and a 12 month high of $43.39. The company has a market capitalization of $7.58 billion, a PE ratio of 10.74 and a beta of 0.29.
About iShares 0-5 Year High Yield Corporate Bond ETF
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.
Further Reading
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