Crestwood Advisors Group LLC Grows Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Crestwood Advisors Group LLC boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 34.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,942 shares of the exchange traded fund’s stock after buying an additional 1,277 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $389,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of HYG. Farmers & Merchants Investments Inc. grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.2% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 154,611 shares of the exchange traded fund’s stock valued at $12,415,000 after purchasing an additional 4,775 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 39.3% in the third quarter. Rosenberg Matthew Hamilton now owns 1,379 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 389 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 6.3% in the third quarter. Janney Montgomery Scott LLC now owns 42,115 shares of the exchange traded fund’s stock worth $3,382,000 after purchasing an additional 2,511 shares during the last quarter. Nvwm LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 136.1% in the third quarter. Nvwm LLC now owns 5,105 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 2,943 shares during the last quarter. Finally, United Advisor Group LLC bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth $307,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.3 %

HYG stock opened at $79.95 on Wednesday. The firm’s 50-day moving average price is $79.23 and its two-hundred day moving average price is $79.39. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.59 and a 12-month high of $80.37. The stock has a market capitalization of $15.25 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36.

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.