iShares 0-5 Year High Yield Corporate Bond ETF $SHYG is Sound Income Strategies LLC’s 5th Largest Position

Sound Income Strategies LLC decreased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 1.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,001,063 shares of the company’s stock after selling 19,151 shares during the period. iShares 0-5 Year High Yield Corporate Bond ETF accounts for 2.3% of Sound Income Strategies LLC’s investment portfolio, making the stock its 5th largest position. Sound Income Strategies LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $42,906,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 474.8% in the second quarter. Janney Montgomery Scott LLC now owns 231,390 shares of the company’s stock valued at $9,982,000 after acquiring an additional 191,135 shares during the period. Parallel Advisors LLC boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 134.7% in the 2nd quarter. Parallel Advisors LLC now owns 4,530 shares of the company’s stock valued at $195,000 after purchasing an additional 2,600 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 32.1% during the second quarter. JPMorgan Chase & Co. now owns 316,759 shares of the company’s stock valued at $13,665,000 after buying an additional 77,000 shares during the period. RiverFront Investment Group LLC boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 305.8% during the second quarter. RiverFront Investment Group LLC now owns 1,216,930 shares of the company’s stock valued at $52,498,000 after buying an additional 917,031 shares during the period. Finally, OLD Mission Capital LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the first quarter worth about $2,252,000.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.6%

NYSEARCA:SHYG opened at $42.74 on Friday. The stock has a market cap of $7.84 billion, a P/E ratio of 10.74 and a beta of 0.30. The business’s 50-day moving average price is $42.91 and its two-hundred day moving average price is $42.96. 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.

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.