Kovitz Investment Group Partners LLC Sells 67,008 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Kovitz Investment Group Partners LLC trimmed its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 39.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,464 shares of the exchange traded fund’s stock after selling 67,008 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $8,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 50.0% during the third quarter. JPMorgan Chase & Co. now owns 1,842,486 shares of the exchange traded fund’s stock valued at $147,952,000 after purchasing an additional 614,400 shares during the last quarter. Stairway Partners LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 3.5% in the fourth quarter. Stairway Partners LLC now owns 307,948 shares of the exchange traded fund’s stock worth $24,220,000 after acquiring an additional 10,464 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 135.8% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,919 shares of the exchange traded fund’s stock worth $308,000 after acquiring an additional 2,257 shares during the last quarter. Burns J W & Co. Inc. NY raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 48.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 11,058 shares of the exchange traded fund’s stock valued at $870,000 after purchasing an additional 3,593 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 82.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,879 shares of the exchange traded fund’s stock valued at $226,000 after purchasing an additional 1,303 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.1 %

NYSEARCA HYG opened at $78.77 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $75.08 and a 52 week high of $80.37. The firm has a market capitalization of $16.53 billion, a price-to-earnings ratio of 10.46 and a beta of 0.41. The company has a fifty day moving average of $78.56 and a two-hundred day moving average of $79.08.

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.