iShares iBoxx $ High Yield Corporate Bond ETF $HYG Shares Purchased by Stairway Partners LLC

Stairway Partners LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 9.0% during the second quarter, Holdings Channel reports. The institutional investor owned 355,328 shares of the exchange traded fund’s stock after acquiring an additional 29,299 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 1.3% of Stairway Partners LLC’s holdings, making the stock its 13th largest position. Stairway Partners LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $28,416,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in HYG. Rathbones Group PLC increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 171.7% during the first quarter. Rathbones Group PLC now owns 14,945 shares of the exchange traded fund’s stock valued at $1,189,000 after acquiring an additional 9,444 shares during the period. Parallel Advisors LLC lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 0.7% in the first quarter. Parallel Advisors LLC now owns 157,497 shares of the exchange traded fund’s stock worth $12,531,000 after purchasing an additional 1,092 shares during the period. SOA Wealth Advisors LLC. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 115.4% in the first quarter. SOA Wealth Advisors LLC. now owns 1,232 shares of the exchange traded fund’s stock worth $98,000 after purchasing an additional 660 shares during the period. Strategic Investment Advisors MI boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 9.6% during the 1st quarter. Strategic Investment Advisors MI now owns 119,679 shares of the exchange traded fund’s stock valued at $9,521,000 after purchasing an additional 10,475 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 57.5% during the 1st quarter. Arkadios Wealth Advisors now owns 25,340 shares of the exchange traded fund’s stock valued at $2,016,000 after purchasing an additional 9,252 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

HYG opened at $79.31 on Tuesday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $78.57 and a one year high of $81.36. The stock’s fifty day moving average is $79.74 and its 200-day moving average is $80.07. The company has a market capitalization of $16.58 billion, a PE ratio of 10.79 and a beta of 0.39.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.