Rathbones Group PLC Has $1.19 Million Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Rathbones Group PLC boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 171.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,945 shares of the exchange traded fund’s stock after purchasing an additional 9,444 shares during the quarter. Rathbones Group PLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,189,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 18.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,818,659 shares of the exchange traded fund’s stock valued at $147,320,000 after acquiring an additional 282,574 shares during the period. iA Global Asset Management Inc. boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 3.9% in the first quarter. iA Global Asset Management Inc. now owns 1,350,820 shares of the exchange traded fund’s stock worth $107,471,000 after acquiring an additional 50,695 shares in the last quarter. Jump Financial LLC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 335.3% in the fourth quarter. Jump Financial LLC now owns 720,900 shares of the exchange traded fund’s stock valued at $58,126,000 after acquiring an additional 1,027,275 shares during the period. Cullen Frost Bankers Inc. raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 142.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 420,126 shares of the exchange traded fund’s stock worth $33,875,000 after purchasing an additional 246,871 shares during the period. Finally, Williams Jones Wealth Management LLC. lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9.6% in the 4th quarter. Williams Jones Wealth Management LLC. now owns 321,855 shares of the exchange traded fund’s stock worth $25,951,000 after purchasing an additional 28,155 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.3%

NYSEARCA HYG opened at $79.55 on Wednesday. The company has a fifty day simple moving average of $79.73 and a 200 day simple moving average of $80.06. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $78.57 and a 12-month high of $81.36. The company has a market cap of $16.63 billion, a P/E 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.