Arkadios Wealth Advisors Has $3.60 Million Stock Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Arkadios Wealth Advisors raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 84,412 shares of the company’s stock after purchasing an additional 1,248 shares during the period. Arkadios Wealth Advisors’ holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $3,597,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SHYG. Motley Fool Wealth Management LLC grew its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% during the third quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock valued at $29,813,000 after purchasing an additional 340,749 shares during the last quarter. Kiely Wealth Advisory Group Inc. acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter valued at approximately $6,858,000. American Trust acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the second quarter valued at approximately $2,747,000. Future Financial Wealth Managment LLC acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter valued at approximately $2,670,000. Finally, RiverFront Investment Group LLC grew its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% during the second quarter. RiverFront Investment Group LLC now owns 211,365 shares of the company’s stock valued at $8,920,000 after purchasing an additional 43,794 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.2 %

Shares of SHYG stock opened at $43.05 on Friday. The business’s 50 day moving average is $42.90 and its two-hundred day moving average is $42.85. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.60 and a 12 month high of $43.45.

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.