Bank of New York Mellon Corp trimmed its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 18.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 285,706 shares of the company’s stock after selling 65,593 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $13,320,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SHYG. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the second quarter worth $180,000. Cambridge Investment Research Advisors Inc. boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 26.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 16,707 shares of the company’s stock valued at $779,000 after acquiring an additional 3,538 shares during the period. FDx Advisors Inc. boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 238.8% during the second quarter. FDx Advisors Inc. now owns 19,836 shares of the company’s stock valued at $925,000 after acquiring an additional 13,982 shares during the period. Moneta Group Investment Advisors LLC bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the second quarter valued at about $3,653,000. Finally, Captrust Financial Advisors boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 0.9% during the second quarter. Captrust Financial Advisors now owns 179,167 shares of the company’s stock valued at $8,353,000 after acquiring an additional 1,512 shares during the period.

SHYG stock opened at $45.47 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $45.37 and a 52-week high of $47.47.

The company also recently declared a monthly dividend, which was paid on Friday, December 7th. Shareholders of record on Tuesday, December 4th were issued a dividend of $0.2209 per share. This represents a $2.65 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date was Monday, December 3rd.

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Institutional Ownership by Quarter for iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

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