Rebalance LLC Grows Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Rebalance LLC lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 3.1% in the fourth quarter, Holdings Channel reports. The firm owned 94,641 shares of the exchange traded fund’s stock after purchasing an additional 2,851 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 0.6% of Rebalance LLC’s investment portfolio, making the stock its 21st biggest position. Rebalance LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $7,443,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. WR Wealth Planners LLC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 48.2% during the fourth quarter. WR Wealth Planners LLC now owns 406 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 132 shares during the period. RPg Family Wealth Advisory LLC purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter valued at about $108,000. YANKCOM Partnership purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth about $109,000. Union Savings Bank acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at about $137,000. Finally, Providence First Trust Co acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at about $199,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.45 on Monday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $75.59 and a one year high of $80.37. The stock’s 50 day moving average price is $79.43 and its 200 day moving average price is $79.45. The firm has a market capitalization of $15.17 billion, a PE ratio of 16.45 and a beta of 0.46.

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.