Burns J W & Co. Inc. NY Acquires 3,131 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Burns J W & Co. Inc. NY increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 16.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,331 shares of the exchange traded fund’s stock after purchasing an additional 3,131 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,801,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Parallel Advisors LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.4% in the second quarter. Parallel Advisors LLC now owns 158,674 shares of the exchange traded fund’s stock worth $12,797,000 after purchasing an additional 657 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 23.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,179 shares of the exchange traded fund’s stock worth $337,000 after purchasing an additional 805 shares during the last quarter. Belpointe Asset Management LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.7% in the first quarter. Belpointe Asset Management LLC now owns 26,645 shares of the exchange traded fund’s stock worth $2,102,000 after purchasing an additional 1,185 shares during the last quarter. Tolleson Wealth Management Inc. grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 6.8% in the first quarter. Tolleson Wealth Management Inc. now owns 6,272 shares of the exchange traded fund’s stock worth $495,000 after purchasing an additional 397 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 130.8% in the first quarter. NewEdge Advisors LLC now owns 17,128 shares of the exchange traded fund’s stock worth $1,351,000 after purchasing an additional 9,708 shares during the last quarter.

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

HYG stock opened at $81.23 on Friday. The firm has a market cap of $16.86 billion, a price-to-earnings ratio of 10.79 and a beta of 0.43. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.08 and a 12-month high of $81.27. The company’s fifty day simple moving average is $80.54 and its 200 day simple moving average is $79.49.

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.