Migdal Insurance & Financial Holdings Ltd. Boosts Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 27.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 48,600 shares of the exchange traded fund’s stock after buying an additional 10,543 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,947,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HYG. Baird Financial Group Inc. raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 23.1% during the second quarter. Baird Financial Group Inc. now owns 103,036 shares of the exchange traded fund’s stock valued at $8,310,000 after purchasing an additional 19,309 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter worth approximately $121,000. Grey Fox Wealth Advisors LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 21.8% during the 2nd quarter. Grey Fox Wealth Advisors LLC now owns 21,518 shares of the exchange traded fund’s stock valued at $1,735,000 after buying an additional 3,848 shares during the last quarter. Capricorn Fund Managers Ltd purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth $2,544,000. Finally, Amarillo National Bank grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 6.4% in the third quarter. Amarillo National Bank now owns 202,376 shares of the exchange traded fund’s stock worth $16,431,000 after acquiring an additional 12,169 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $80.88 on Wednesday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $75.08 and a one year high of $81.36. The stock has a fifty day moving average of $80.67 and a 200 day moving average of $80.63. The stock has a market cap of $18.47 billion, a PE ratio of 10.79 and a beta of 0.41.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.