10Elms LLP Invests $375,000 in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

10Elms LLP acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 4th quarter, HoldingsChannel reports. The firm acquired 4,772 shares of the exchange traded fund’s stock, valued at approximately $375,000.

Other institutional investors have also bought and sold shares of the company. WR Wealth Planners LLC increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 48.2% in the fourth quarter. WR Wealth Planners LLC now owns 406 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 132 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth $79,000. YANKCOM Partnership bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth $109,000. Providence First Trust Co purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth about $199,000. Finally, Rathbones Group PLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth about $218,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.34 on Wednesday. The stock has a market capitalization of $14.25 billion, a P/E ratio of 10.84 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 52-week low of $75.08 and a 52-week high of $80.37. The stock’s 50-day simple moving average is $78.34 and its 200 day simple moving average is $79.02.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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.