First Horizon Advisors Inc. Sells 1,064 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

First Horizon Advisors Inc. reduced its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 14.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,313 shares of the exchange traded fund’s stock after selling 1,064 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $507,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Anfield Capital Management LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 46.7% in the second quarter. Anfield Capital Management LLC now owns 465 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 148 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 19,885 shares of the exchange traded fund’s stock worth $1,597,000 after purchasing an additional 212 shares during the last quarter. Redmont Wealth Advisors LLC increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.6% during the 2nd quarter. Redmont Wealth Advisors LLC now owns 13,695 shares of the exchange traded fund’s stock worth $1,056,000 after purchasing an additional 219 shares in the last quarter. Citizens & Northern Corp lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 3.5% during the 2nd quarter. Citizens & Northern Corp now owns 7,686 shares of the exchange traded fund’s stock valued at $593,000 after purchasing an additional 258 shares during the last quarter. Finally, Rosenberg Matthew Hamilton boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% in the second quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 334 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.49 on Friday. The stock has a market capitalization of $15.17 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. The firm’s 50-day moving average price is $79.60 and its two-hundred day moving average price is $78.44. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $74.88 and a 1-year high of $80.37.

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.