RiverFront Investment Group LLC Grows Stock Holdings in iShares High Yield Corporate Bond BuyWrite Strategy ETF $HYGW

RiverFront Investment Group LLC raised its position in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) by 96.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,757 shares of the company’s stock after acquiring an additional 34,201 shares during the quarter. RiverFront Investment Group LLC owned approximately 0.93% of iShares High Yield Corporate Bond BuyWrite Strategy ETF worth $2,083,000 at the end of the most recent quarter.

Separately, Private Trust Co. NA increased its position in shares of iShares High Yield Corporate Bond BuyWrite Strategy ETF by 45.4% in the fourth quarter. Private Trust Co. NA now owns 2,104 shares of the company’s stock valued at $63,000 after acquiring an additional 657 shares during the period.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Stock Performance

HYGW stock opened at $28.92 on Monday. The firm’s 50-day moving average price is $29.25 and its two-hundred day moving average price is $29.70. iShares High Yield Corporate Bond BuyWrite Strategy ETF has a 12-month low of $28.90 and a 12-month high of $30.75. The stock has a market capitalization of $216.90 million, a price-to-earnings ratio of 10.56 and a beta of 0.24.

About iShares High Yield Corporate Bond BuyWrite Strategy ETF

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares. HYGW was launched on Aug 18, 2022 and is managed by BlackRock.