Lee Danner & Bass Inc. Invests $79,000 in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Lee Danner & Bass Inc. acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,000 shares of the exchange traded fund’s stock, valued at approximately $79,000.

Several other large investors have also made changes to their positions in HYG. Loomis Sayles & Co. L P raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2,933.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 3,903,830 shares of the exchange traded fund’s stock worth $313,478,000 after buying an additional 3,775,150 shares during the period. BNP Paribas raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2,083.1% in the 3rd quarter. BNP Paribas now owns 2,820,701 shares of the exchange traded fund’s stock worth $226,502,000 after buying an additional 2,691,493 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,842,486 shares of the exchange traded fund’s stock worth $147,952,000 after buying an additional 614,400 shares during the period. Deseret Mutual Benefit Administrators purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth $17,820,000. Finally, Eagle Asset Management Inc. purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth $10,139,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

NYSEARCA:HYG opened at $79.22 on Friday. The business’s 50-day moving average is $79.48 and its two-hundred day moving average is $79.43. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $75.59 and a 12 month high of $80.37. The firm has a market capitalization of $15.36 billion, a PE ratio of 10.89 and a beta of 0.46.

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.