Creative Financial Designs Inc. ADV Has $799,000 Stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Creative Financial Designs Inc. ADV lessened its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 9.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,748 shares of the company’s stock after selling 2,014 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $799,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Wintrust Investments LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 287.7% in the fourth quarter. Wintrust Investments LLC now owns 4,486 shares of the company’s stock valued at $191,000 after purchasing an additional 3,329 shares during the last quarter. Mount Lucas Management LP increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 3.5% in the 4th quarter. Mount Lucas Management LP now owns 42,985 shares of the company’s stock valued at $1,832,000 after buying an additional 1,473 shares during the last quarter. Jackson Creek Investment Advisors LLC boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 5.2% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 47,779 shares of the company’s stock worth $2,036,000 after buying an additional 2,343 shares during the last quarter. One Capital Management LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 0.8% in the 4th quarter. One Capital Management LLC now owns 85,561 shares of the company’s stock valued at $3,646,000 after acquiring an additional 645 shares in the last quarter. Finally, Vantage Financial Partners LLC raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 12.1% during the fourth quarter. Vantage Financial Partners LLC now owns 12,233 shares of the company’s stock worth $521,000 after acquiring an additional 1,318 shares in the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.2 %

NYSEARCA SHYG opened at $42.65 on Tuesday. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.60 and a 12 month high of $43.45. The stock has a 50 day moving average of $42.97 and a 200-day moving average of $42.99. The company has a market cap of $6.53 billion, a PE ratio of 10.83 and a beta of 0.36.

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.