Continuum Advisory LLC raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) by 21.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 73,375 shares of the company’s stock after acquiring an additional 13,174 shares during the period. Continuum Advisory LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $3,146,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Dunhill Financial LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter valued at $26,000. Millstone Evans Group LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the fourth quarter valued at $34,000. WFA of San Diego LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter valued at $47,000. Bessemer Group Inc. bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter valued at $131,000. Finally, Peak Retirement Planning Inc. bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the fourth quarter valued at $236,000.
iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance
NYSEARCA SHYG opened at $42.30 on Friday. The stock has a market capitalization of $7.52 billion, a P/E ratio of 10.74 and a beta of 0.28. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $41.83 and a 1 year high of $43.39. The business’s fifty day moving average is $42.42 and its two-hundred day moving average is $42.66.
About iShares 0-5 Year High Yield Corporate Bond ETF
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.
Further Reading
- Five stocks we like better than iShares 0-5 Year High Yield Corporate Bond ETF
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
Want to see what other hedge funds are holding SHYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report).
Receive News & Ratings for iShares 0-5 Year High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 0-5 Year High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
