HCR Wealth Advisors Buys 1,000 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

HCR Wealth Advisors raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 51,008 shares of the company’s stock after buying an additional 1,000 shares during the period. HCR Wealth Advisors’ holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $2,173,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fortitude Family Office LLC purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter worth about $37,000. Richardson Capital Management LLC raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% during the 3rd quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock valued at $67,000 after purchasing an additional 467 shares during the period. First Horizon Advisors Inc. raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock valued at $94,000 after purchasing an additional 458 shares during the period. Princeton Global Asset Management LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter valued at $105,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 46.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,055 shares of the company’s stock worth $173,000 after buying an additional 1,282 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.8 %

Shares of SHYG stock opened at $42.97 on Thursday. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $41.60 and a 52-week high of $43.45. The stock has a fifty day simple moving average of $42.91 and a two-hundred day simple moving average of $42.84.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.