Copia Wealth Management Buys 1,682 Shares of iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Copia Wealth Management grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 34.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,573 shares of the company’s stock after purchasing an additional 1,682 shares during the period. Copia Wealth Management’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $284,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. TD Private Client Wealth LLC acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth approximately $45,000. Ameriflex Group Inc. boosted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 30.6% in the 2nd quarter. Ameriflex Group Inc. now owns 2,059 shares of the company’s stock worth $89,000 after acquiring an additional 482 shares in the last quarter. Wells Financial Advisors INC boosted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 29.0% in the 1st quarter. Wells Financial Advisors INC now owns 2,135 shares of the company’s stock worth $91,000 after acquiring an additional 480 shares in the last quarter. Richardson Capital Management LLC boosted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 12.8% in the 1st quarter. Richardson Capital Management LLC now owns 2,222 shares of the company’s stock worth $94,000 after acquiring an additional 253 shares in the last quarter. Finally, Westend Capital Management LLC acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter worth approximately $103,000.

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

Shares of SHYG opened at $42.90 on Wednesday. The company has a market capitalization of $7.46 billion, a P/E ratio of 10.74 and a beta of 0.34. iShares 0-5 Year High Yield Corporate Bond ETF has a one year low of $40.38 and a one year high of $43.39. The business’s 50 day simple moving average is $43.11 and its 200-day simple moving average is $42.68.

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.