Princeton Global Asset Management LLC Has $212,000 Stock Position in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Princeton Global Asset Management LLC trimmed its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 10.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,915 shares of the company’s stock after selling 562 shares during the quarter. Princeton Global Asset Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $212,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SHYG. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 19.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 215,439 shares of the company’s stock worth $9,160,000 after buying an additional 35,421 shares during the period. Bartlett & CO. Wealth Management LLC lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 5.2% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 319,739 shares of the company’s stock worth $13,595,000 after purchasing an additional 15,909 shares in the last quarter. Klaas Financial Asset Advisors LLC lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 5.5% in the first quarter. Klaas Financial Asset Advisors LLC now owns 47,511 shares of the company’s stock worth $2,020,000 after purchasing an additional 2,475 shares in the last quarter. Jaffetilchin Investment Partners LLC lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.4% in the first quarter. Jaffetilchin Investment Partners LLC now owns 32,552 shares of the company’s stock worth $1,384,000 after purchasing an additional 775 shares in the last quarter. Finally, Westend Capital Management LLC purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the first quarter worth approximately $103,000.

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

NYSEARCA SHYG opened at $43.08 on Tuesday. The company has a 50 day simple moving average of $43.11 and a 200-day simple moving average of $42.71. The firm has a market capitalization of $7.54 billion, a price-to-earnings ratio of 10.74 and a beta of 0.34. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $40.38 and a 52-week high of $43.39.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.