Eagle Asset Management Inc. Makes New $10.14 Million Investment in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Eagle Asset Management Inc. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 127,052 shares of the exchange traded fund’s stock, valued at approximately $10,139,000. Eagle Asset Management Inc. owned 0.07% of iShares iBoxx $ High Yield Corporate Bond ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Viewpoint Capital Management LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter worth $28,000. Anfield Capital Management LLC lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 46.7% in the 2nd quarter. Anfield Capital Management LLC now owns 465 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 148 shares in the last quarter. Pathway Financial Advisers LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter worth approximately $41,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $70,000. Finally, Rosenberg Matthew Hamilton raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% during the second quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 334 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

HYG stock opened at $79.49 on Friday. The company’s fifty day moving average price is $79.59 and its 200-day moving average price is $78.47. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $74.93 and a one year high of $80.37. The company has a market capitalization of $15.17 billion, a PE ratio of 9.60 and a beta of 0.36.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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.