SouthState Corp Makes New Investment in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

SouthState Corp acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 985 shares of the company’s stock, valued at approximately $42,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Headinvest LLC bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth approximately $60,000. First Horizon Advisors Inc. lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 68.1% in the third quarter. First Horizon Advisors Inc. now owns 2,041 shares of the company’s stock valued at $84,000 after buying an additional 827 shares during the period. Private Trust Co. NA grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 60.5% during the fourth quarter. Private Trust Co. NA now owns 5,709 shares of the company’s stock worth $241,000 after buying an additional 2,152 shares in the last quarter. Vantage Financial Partners LLC bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter valued at about $274,000. Finally, Whittier Trust Co. raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 89.5% in the 4th quarter. Whittier Trust Co. now owns 6,917 shares of the company’s stock valued at $292,000 after acquiring an additional 3,267 shares in the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Up 0.4 %

SHYG traded up $0.15 during trading on Friday, reaching $42.20. 1,020,877 shares of the company’s stock were exchanged, compared to its average volume of 1,539,639. iShares 0-5 Year High Yield Corporate Bond ETF has a fifty-two week low of $40.15 and a fifty-two week high of $42.67. The business has a 50 day moving average price of $42.21 and a 200 day moving average price of $41.92.

iShares 0-5 Year High Yield Corporate Bond ETF Profile

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.