Worth Asset Management LLC Increases Holdings in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Worth Asset Management LLC boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 128.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,549 shares of the exchange traded fund’s stock after purchasing an additional 42,997 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF comprises approximately 2.0% of Worth Asset Management LLC’s investment portfolio, making the stock its 7th biggest position. Worth Asset Management LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $6,122,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,118 shares of the exchange traded fund’s stock worth $249,000 after buying an additional 128 shares in the last quarter. Acasta Partners UK LLP grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 95.4% in the second quarter. Acasta Partners UK LLP now owns 198,841 shares of the exchange traded fund’s stock valued at $15,901,000 after acquiring an additional 97,104 shares during the last quarter. Stairway Partners LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 9.0% in the second quarter. Stairway Partners LLC now owns 355,328 shares of the exchange traded fund’s stock valued at $28,416,000 after acquiring an additional 29,299 shares during the last quarter. Rathbones Group PLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 171.7% in the first quarter. Rathbones Group PLC now owns 14,945 shares of the exchange traded fund’s stock valued at $1,189,000 after acquiring an additional 9,444 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 0.7% during the first quarter. Parallel Advisors LLC now owns 157,497 shares of the exchange traded fund’s stock worth $12,531,000 after acquiring an additional 1,092 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.2%

HYG stock opened at $79.61 on Friday. The stock has a market capitalization of $16.65 billion, a P/E ratio of 10.79 and a beta of 0.39. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $78.57 and a 12 month high of $81.36. The firm has a 50-day moving average price of $79.68 and a 200-day moving average price of $80.03.

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.