Fortis Capital Advisors LLC Makes New Investment in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Fortis Capital Advisors LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,958 shares of the exchange traded fund’s stock, valued at approximately $642,000.

Several other institutional investors have also recently bought and sold shares of HYG. Wayfinding Financial LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the first quarter worth about $34,000. Creative Financial Designs Inc. ADV raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 59.9% during the first quarter. Creative Financial Designs Inc. ADV now owns 494 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 185 shares in the last quarter. ST Germain D J Co. Inc. raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 207.7% during the second quarter. ST Germain D J Co. Inc. now owns 480 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 324 shares in the last quarter. Tidemark LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the first quarter worth about $50,000. Finally, Boyd Watterson Asset Management LLC OH raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 13.3% during the first quarter. Boyd Watterson Asset Management LLC OH now owns 2,158 shares of the exchange traded fund’s stock worth $170,000 after acquiring an additional 253 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA HYG opened at $80.84 on Friday. The company has a market cap of $18.50 billion, a price-to-earnings ratio of 10.79 and a beta of 0.43. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $75.08 and a 12 month high of $81.36. The stock has a 50-day moving average price of $80.73 and a two-hundred day moving average price of $79.64.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.