Rossby Financial LCC Boosts Stake in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Rossby Financial LCC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 4,492.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 40,823 shares of the exchange traded fund’s stock after buying an additional 39,934 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF makes up 1.2% of Rossby Financial LCC’s investment portfolio, making the stock its 15th largest position. Rossby Financial LCC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,292,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. GoalVest Advisory LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the second quarter worth $105,000. MorganRosel Wealth Management LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 12.0% in the second quarter. MorganRosel Wealth Management LLC now owns 52,292 shares of the exchange traded fund’s stock worth $4,217,000 after buying an additional 5,597 shares during the last quarter. Washington Trust Advisors Inc. raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.8% in the second quarter. Washington Trust Advisors Inc. now owns 61,441 shares of the exchange traded fund’s stock worth $4,955,000 after buying an additional 2,817 shares during the last quarter. Strategic Blueprint LLC raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 20.4% in the second quarter. Strategic Blueprint LLC now owns 10,163 shares of the exchange traded fund’s stock worth $820,000 after buying an additional 1,725 shares during the last quarter. Finally, Citizens & Northern Corp raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2.7% in the second quarter. Citizens & Northern Corp now owns 7,019 shares of the exchange traded fund’s stock worth $566,000 after buying an additional 182 shares during the last quarter.

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

NYSEARCA HYG opened at $81.28 on Tuesday. The company has a fifty day simple moving average of $80.84 and a two-hundred day simple moving average of $79.94. The stock has a market cap of $19.55 billion, a P/E ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $75.08 and a 12-month high of $81.36.

iShares iBoxx $ High Yield Corporate Bond ETF 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.