Prime Capital Investment Advisors LLC Decreases Stock Position in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Prime Capital Investment Advisors LLC cut its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 12.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,559 shares of the company’s stock after selling 4,299 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,275,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. TD Private Client Wealth LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth about $45,000. Ameriflex Group Inc. increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 30.6% in the 2nd quarter. Ameriflex Group Inc. now owns 2,059 shares of the company’s stock worth $89,000 after buying an additional 482 shares during the last quarter. Wells Financial Advisors INC increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 29.0% in the 1st quarter. Wells Financial Advisors INC now owns 2,135 shares of the company’s stock worth $91,000 after buying an additional 480 shares during the last quarter. Richardson Capital Management LLC increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 12.8% in the 1st quarter. Richardson Capital Management LLC now owns 2,222 shares of the company’s stock worth $94,000 after buying an additional 253 shares during the last quarter. Finally, Westend Capital Management LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter worth about $103,000.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.1%

iShares 0-5 Year High Yield Corporate Bond ETF stock opened at $43.00 on Thursday. The company’s 50-day moving average price is $43.11 and its 200-day moving average price is $42.68. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $40.38 and a twelve month high of $43.39. The company has a market cap of $7.44 billion, a PE ratio of 10.74 and a beta of 0.34.

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.