Prime Capital Investment Advisors LLC Has $2.35 Million Stock Position in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Prime Capital Investment Advisors LLC reduced its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 21.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,141 shares of the exchange traded fund’s stock after selling 7,873 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,350,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of HYG. Capricorn Fund Managers Ltd acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter valued at approximately $2,544,000. Amarillo National Bank lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 6.4% during the 3rd quarter. Amarillo National Bank now owns 202,376 shares of the exchange traded fund’s stock worth $16,431,000 after purchasing an additional 12,169 shares during the last quarter. Burns J W & Co. Inc. NY lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 27.0% during the 4th quarter. Burns J W & Co. Inc. NY now owns 31,042 shares of the exchange traded fund’s stock worth $2,503,000 after purchasing an additional 6,605 shares during the last quarter. Dearborn Partners LLC bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter valued at about $760,000. Finally, Bessemer Group Inc. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 467.7% in the third quarter. Bessemer Group Inc. now owns 46,435 shares of the exchange traded fund’s stock valued at $3,770,000 after acquiring an additional 38,256 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

HYG stock opened at $79.96 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $76.00 and a 52 week high of $81.36. The company has a market capitalization of $16.80 billion, a PE ratio of 10.79 and a beta of 0.42. The company’s 50-day simple moving average is $80.10 and its 200 day simple moving average is $80.52.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.