Peoples Bank KS Trims Stock Position in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Peoples Bank KS cut its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 76.5% during the third quarter, HoldingsChannel reports. The fund owned 3,765 shares of the exchange traded fund’s stock after selling 12,250 shares during the period. Peoples Bank KS’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $306,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. ST Germain D J Co. Inc. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 207.7% in the second quarter. ST Germain D J Co. Inc. now owns 480 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 324 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth $48,000. Hurley Capital LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth about $67,000. GoalVest Advisory LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth about $105,000. Finally, Trust Co. of Toledo NA OH purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter valued at about $121,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

NYSEARCA HYG opened at $80.56 on Thursday. The stock has a market capitalization of $19.06 billion, a P/E ratio of 10.79 and a beta of 0.41. The firm’s 50-day moving average is $80.59 and its two-hundred day moving average is $80.46. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $75.08 and a 12 month high of $81.36.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

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.