Kingswood Wealth Advisors LLC Makes New $525,000 Investment in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Kingswood Wealth Advisors LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,676 shares of the exchange traded fund’s stock, valued at approximately $525,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Stairway Partners LLC lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 19.0% during the third quarter. Stairway Partners LLC now owns 297,484 shares of the exchange traded fund’s stock worth $23,888,000 after buying an additional 47,580 shares during the period. Harbor Capital Advisors Inc. increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 135.8% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,919 shares of the exchange traded fund’s stock worth $308,000 after buying an additional 2,257 shares during the period. Mittelman Wealth Management raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 287.6% during the 3rd quarter. Mittelman Wealth Management now owns 25,662 shares of the exchange traded fund’s stock worth $2,061,000 after buying an additional 19,041 shares during the last quarter. Private Trust Co. NA lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 16.4% during the 3rd quarter. Private Trust Co. NA now owns 5,503 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 775 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 169,472 shares of the exchange traded fund’s stock valued at $13,551,000 after acquiring an additional 602 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.73 on Thursday. The stock has a market cap of $15.21 billion, a PE ratio of 9.60 and a beta of 0.36. The firm has a fifty day moving average price of $79.26 and a 200 day moving average price of $79.16. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.59 and a 1 year high of $80.37.

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.