Eagle Asset Management Inc. Acquires New Stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Eagle Asset Management Inc. acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 127,052 shares of the exchange traded fund’s stock, valued at approximately $10,139,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HYG. Viewpoint Capital Management LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter worth approximately $28,000. Anfield Capital Management LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 46.7% during the 2nd quarter. Anfield Capital Management LLC now owns 465 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 148 shares during the period. Pathway Financial Advisers LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter valued at $41,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter worth $70,000. Finally, Rosenberg Matthew Hamilton grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock worth $76,000 after buying an additional 334 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.0 %

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.49 on Friday. The stock’s fifty day moving average price is $79.59 and its 200-day moving average price is $78.47. The firm has a market cap of $15.17 billion, a P/E ratio of 9.60 and a beta of 0.36. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $74.93 and a 12 month high of $80.37.

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.