Bartlett & CO. Wealth Management LLC Has $12.42 Million Stake in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Bartlett & CO. Wealth Management LLC reduced its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 4.4% in the 1st quarter, Holdings Channel reports. The firm owned 291,657 shares of the company’s stock after selling 13,346 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $12,420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 31.0% during the 1st quarter. Bank of New York Mellon Corp now owns 1,149,340 shares of the company’s stock worth $48,629,000 after acquiring an additional 272,163 shares during the period. Adell Harriman & Carpenter Inc. raised its position in iShares 0-5 Year High Yield Corporate Bond ETF by 6.3% in the first quarter. Adell Harriman & Carpenter Inc. now owns 119,304 shares of the company’s stock worth $5,048,000 after purchasing an additional 7,100 shares in the last quarter. S. R. Schill & Associates raised its position in iShares 0-5 Year High Yield Corporate Bond ETF by 7.8% in the first quarter. S. R. Schill & Associates now owns 53,932 shares of the company’s stock worth $2,282,000 after purchasing an additional 3,903 shares in the last quarter. Ascentis Independent Advisors bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the first quarter worth about $42,000. Finally, NBT Bank N A NY lifted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 3,551.2% during the first quarter. NBT Bank N A NY now owns 1,570 shares of the company’s stock worth $66,000 after purchasing an additional 1,527 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Down 0.1%

NYSEARCA SHYG opened at $42.23 on Friday. The stock’s 50 day moving average is $42.33 and its two-hundred day moving average is $42.54. The company has a market capitalization of $7.61 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 1-year low of $41.83 and a 1-year high of $43.39.

iShares 0-5 Year High Yield Corporate Bond ETF 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.