SG Americas Securities LLC Acquires New Shares in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

SG Americas Securities LLC acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 29,631 shares of the company’s stock, valued at approximately $1,254,000.

Other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.5% during the fourth quarter. Sound Income Strategies LLC now owns 1,035,730 shares of the company’s stock valued at $44,588,000 after acquiring an additional 34,667 shares during the period. Bank of New York Mellon Corp grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 877,177 shares of the company’s stock worth $37,605,000 after acquiring an additional 11,676 shares during the last quarter. Financial Gravity Asset Management Inc. increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 7.4% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 526,684 shares of the company’s stock worth $22,579,000 after acquiring an additional 36,272 shares during the period. Loomis Sayles & Co. L P increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 22.1% in the 4th quarter. Loomis Sayles & Co. L P now owns 466,000 shares of the company’s stock worth $19,977,000 after acquiring an additional 84,500 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 8.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 432,109 shares of the company’s stock valued at $18,710,000 after purchasing an additional 34,416 shares during the last quarter.

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

Shares of NYSEARCA:SHYG opened at $42.24 on Friday. The company’s 50-day moving average price is $42.40 and its 200 day moving average price is $42.58. The company has a market cap of $7.58 billion, a PE ratio of 10.74 and a beta of 0.28. iShares 0-5 Year High Yield Corporate Bond ETF has a fifty-two week low of $41.83 and a fifty-two week high of $43.39.

iShares 0-5 Year High Yield Corporate Bond ETF Profile

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.