Cary Street Partners Financial LLC Takes $283,000 Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Cary Street Partners Financial LLC purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,650 shares of the company’s stock, valued at approximately $283,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Ninety One UK Ltd raised its position in iShares 0-5 Year High Yield Corporate Bond ETF by 17.7% in the fourth quarter. Ninety One UK Ltd now owns 423,751 shares of the company’s stock valued at $18,056,000 after purchasing an additional 63,779 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 6.3% in the 4th quarter. Ameriprise Financial Inc. now owns 314,795 shares of the company’s stock valued at $13,413,000 after buying an additional 18,662 shares during the period. Bartlett & CO. Wealth Management LLC lifted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 0.6% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 303,830 shares of the company’s stock worth $12,946,000 after acquiring an additional 1,807 shares in the last quarter. RiverFront Investment Group LLC boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 15.9% during the 4th quarter. RiverFront Investment Group LLC now owns 278,320 shares of the company’s stock valued at $11,859,000 after acquiring an additional 38,221 shares during the period. Finally, Waterloo Capital L.P. boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 13.3% during the 4th quarter. Waterloo Capital L.P. now owns 215,053 shares of the company’s stock valued at $9,163,000 after acquiring an additional 25,240 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA:SHYG opened at $42.17 on Friday. The firm’s 50-day moving average is $42.17 and its two-hundred day moving average is $42.70. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $40.38 and a 1 year high of $43.45. The firm has a market capitalization of $6.02 billion, a PE ratio of 10.74 and a beta of 0.30.

iShares 0-5 Year High Yield Corporate Bond ETF Company 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.