Grey Fox Wealth Advisors LLC Sells 665 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Grey Fox Wealth Advisors LLC lessened its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 3.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 20,327 shares of the exchange traded fund’s stock after selling 665 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF accounts for approximately 0.7% of Grey Fox Wealth Advisors LLC’s holdings, making the stock its 29th largest position. Grey Fox Wealth Advisors LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,573,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GoalVest Advisory LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter valued at approximately $39,000. Retirement Group LLC increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 926.9% during the 4th quarter. Retirement Group LLC now owns 534 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 482 shares during the period. Fairfield Bush & CO. acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth approximately $40,000. Sunbelt Securities Inc. acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth approximately $56,000. Finally, Stonebridge Capital Advisors LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth approximately $62,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of HYG stock traded down $0.02 during trading hours on Thursday, hitting $77.88. 12,408,603 shares of the company were exchanged, compared to its average volume of 36,334,695. The firm has a market cap of $15.62 billion, a P/E ratio of 9.33 and a beta of 0.43. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $71.68 and a fifty-two week high of $78.08. The company has a 50 day simple moving average of $77.27 and a two-hundred day simple moving average of $75.73.

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.