Providence First Trust Co Takes $199,000 Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Providence First Trust Co purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,535 shares of the exchange traded fund’s stock, valued at approximately $199,000.

Other hedge funds have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 39.3% during the third quarter. Rosenberg Matthew Hamilton now owns 1,379 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 389 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 6.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 42,115 shares of the exchange traded fund’s stock worth $3,382,000 after purchasing an additional 2,511 shares in the last quarter. Nvwm LLC boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 136.1% in the 3rd quarter. Nvwm LLC now owns 5,105 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 2,943 shares during the period. United Advisor Group LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at about $307,000. Finally, Sonata Capital Group Inc. acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth approximately $585,000.

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

NYSEARCA HYG opened at $80.13 on Friday. The company has a market cap of $15.29 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. The company has a 50 day moving average of $79.34 and a 200-day moving average of $79.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.59 and a 1-year high of $80.37.

iShares iBoxx $ High Yield Corporate Bond ETF 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.