First Horizon Advisors Inc. Has $1.67 Million Stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

First Horizon Advisors Inc. raised its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYGGet Rating) by 1,103.4% during the fourth quarter, Holdings Channel reports. The firm owned 40,857 shares of the company’s stock after purchasing an additional 37,462 shares during the period. First Horizon Advisors Inc.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,671,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Laffer Tengler Investments grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 4.3% during the fourth quarter. Laffer Tengler Investments now owns 8,817 shares of the company’s stock valued at $361,000 after buying an additional 361 shares during the period. Creative Financial Designs Inc. ADV grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 1.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 64,902 shares of the company’s stock valued at $2,654,000 after buying an additional 673 shares during the period. Archer Investment Corp grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 253.9% during the third quarter. Archer Investment Corp now owns 991 shares of the company’s stock valued at $40,000 after buying an additional 711 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 24.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5,369 shares of the company’s stock valued at $220,000 after purchasing an additional 1,072 shares during the last quarter. Finally, One Capital Management LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 1.8% during the third quarter. One Capital Management LLC now owns 65,397 shares of the company’s stock valued at $2,611,000 after purchasing an additional 1,134 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Price Performance

NYSEARCA SHYG traded up $0.13 during trading on Friday, hitting $40.93. 244,040 shares of the company’s stock traded hands, compared to its average volume of 2,658,838. iShares 0-5 Year High Yield Corporate Bond ETF has a 12-month low of $39.49 and a 12-month high of $43.20. The business has a 50 day moving average of $41.16 and a 200-day moving average of $41.31.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

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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.

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Want to see what other hedge funds are holding SHYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYGGet Rating).

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

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