iShares 0-5 Year High Yield Corporate Bond ETF $SHYG Shares Purchased by Financial Gravity Asset Management Inc.

Financial Gravity Asset Management Inc. grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 7.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 526,684 shares of the company’s stock after acquiring an additional 36,272 shares during the quarter. iShares 0-5 Year High Yield Corporate Bond ETF accounts for 4.3% of Financial Gravity Asset Management Inc.’s holdings, making the stock its 3rd biggest position. Financial Gravity Asset Management Inc.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $22,579,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. FSA Advisors Inc. acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter worth about $2,029,000. Sound Income Strategies LLC grew its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 3.5% during the 4th quarter. Sound Income Strategies LLC now owns 1,035,730 shares of the company’s stock worth $44,588,000 after acquiring an additional 34,667 shares during the period. Argent Advisors Inc. acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter worth about $603,000. Alexis Investment Partners LLC boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 14.7% during the 4th quarter. Alexis Investment Partners LLC now owns 147,810 shares of the company’s stock worth $6,341,000 after purchasing an additional 18,997 shares in the last quarter. Finally, Waterloo Capital L.P. boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 12.0% during the 4th quarter. Waterloo Capital L.P. now owns 263,331 shares of the company’s stock worth $11,289,000 after purchasing an additional 28,219 shares in the last quarter.

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

SHYG stock opened at $42.36 on Friday. The stock has a market capitalization of $7.53 billion, a PE ratio of 10.74 and a beta of 0.28. The company’s 50-day moving average is $42.44 and its 200-day moving average is $42.64. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $41.83 and a 1 year high of $43.39.

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.