Farther Finance Advisors LLC Sells 5,825 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Farther Finance Advisors LLC decreased its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 24.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 17,566 shares of the company’s stock after selling 5,825 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $748,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Motley Fool Wealth Management LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% during the 3rd quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock valued at $29,813,000 after purchasing an additional 340,749 shares during the period. Ninety One UK Ltd grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 17.7% in the 4th quarter. Ninety One UK Ltd now owns 423,751 shares of the company’s stock worth $18,056,000 after buying an additional 63,779 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 0.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 303,830 shares of the company’s stock valued at $12,946,000 after buying an additional 1,807 shares during the period. Kiely Wealth Advisory Group Inc. bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter valued at approximately $6,858,000. Finally, Graypoint LLC lifted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 4.3% in the fourth quarter. Graypoint LLC now owns 131,461 shares of the company’s stock worth $5,602,000 after acquiring an additional 5,362 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Up 0.4 %

NYSEARCA:SHYG opened at $42.55 on Friday. The firm’s fifty day simple moving average is $42.97 and its 200 day simple moving average is $42.99. The stock has a market cap of $6.52 billion, a P/E ratio of 10.83 and a beta of 0.36. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $41.60 and a twelve month high of $43.45.

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.