iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Stake Lessened by First Horizon Advisors Inc.

First Horizon Advisors Inc. decreased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 14.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,313 shares of the exchange traded fund’s stock after selling 1,064 shares during the period. First Horizon Advisors Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $507,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. iA Global Asset Management Inc. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 0.5% during the second quarter. iA Global Asset Management Inc. now owns 1,464,126 shares of the exchange traded fund’s stock valued at $112,943,000 after buying an additional 7,093 shares in the last quarter. Toronto Dominion Bank boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 528.9% during the 2nd quarter. Toronto Dominion Bank now owns 682,340 shares of the exchange traded fund’s stock valued at $52,636,000 after purchasing an additional 573,840 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9,507.1% in the 2nd quarter. SG Americas Securities LLC now owns 504,755 shares of the exchange traded fund’s stock worth $38,937,000 after purchasing an additional 499,501 shares during the last quarter. Stairway Partners LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 19.0% in the 3rd quarter. Stairway Partners LLC now owns 297,484 shares of the exchange traded fund’s stock worth $23,888,000 after purchasing an additional 47,580 shares in the last quarter. Finally, Money Design Co. Ltd. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth approximately $20,068,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA:HYG opened at $79.49 on Friday. The stock has a market capitalization of $15.17 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $74.88 and a 1-year high of $80.37. The company has a 50 day moving average price of $79.60 and a 200 day moving average price of $78.44.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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.