Janney Montgomery Scott LLC Has $3.93 Million Position in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Janney Montgomery Scott LLC lowered its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 13.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 92,829 shares of the company’s stock after selling 14,768 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.05% of iShares 0-5 Year High Yield Corporate Bond ETF worth $3,928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.5% during the fourth quarter. Sound Income Strategies LLC now owns 1,035,730 shares of the company’s stock valued at $44,588,000 after acquiring an additional 34,667 shares during the period. Bank of New York Mellon Corp increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 1.3% in the fourth quarter. Bank of New York Mellon Corp now owns 877,177 shares of the company’s stock valued at $37,605,000 after purchasing an additional 11,676 shares during the last quarter. Financial Gravity Asset Management Inc. boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 7.4% during the fourth quarter. Financial Gravity Asset Management Inc. now owns 526,684 shares of the company’s stock worth $22,579,000 after buying an additional 36,272 shares during the last quarter. Loomis Sayles & Co. L P grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 22.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 466,000 shares of the company’s stock worth $19,977,000 after buying an additional 84,500 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 8.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 432,109 shares of the company’s stock valued at $18,710,000 after acquiring an additional 34,416 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance

NYSEARCA:SHYG traded down $0.02 during trading hours on Tuesday, hitting $42.26. The stock had a trading volume of 150,007 shares, compared to its average volume of 1,611,413. The business’s 50 day moving average is $42.39 and its 200-day moving average is $42.57. The company has a market cap of $7.59 billion, a price-to-earnings ratio of 10.74 and a beta of 0.28. iShares 0-5 Year High Yield Corporate Bond ETF has a one year low of $41.83 and a one year high of $43.39.

iShares 0-5 Year High Yield Corporate Bond ETF Company 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.