iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Shares Sold by Next Capital Management LLC

Next Capital Management LLC decreased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 17.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 24,600 shares of the company’s stock after selling 5,259 shares during the period. Next Capital Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,048,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Motley Fool Wealth Management LLC lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% during the third quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock worth $29,813,000 after buying an additional 340,749 shares during the period. Kiely Wealth Advisory Group Inc. purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth $6,858,000. SVB Wealth LLC acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter worth about $3,487,000. Ninety One UK Ltd grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 17.7% during the 4th quarter. Ninety One UK Ltd now owns 423,751 shares of the company’s stock valued at $18,056,000 after purchasing an additional 63,779 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 129.9% during the 4th quarter. Jones Financial Companies Lllp now owns 70,877 shares of the company’s stock valued at $3,020,000 after purchasing an additional 40,053 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:SHYG opened at $42.56 on Wednesday. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $41.60 and a 52-week high of $43.45. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 10.83 and a beta of 0.36. The business has a 50-day moving average price of $42.96 and a 200-day moving average price of $42.99.

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.