SouthState Corp Boosts Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

SouthState Corp increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 15.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,705 shares of the company’s stock after acquiring an additional 910 shares during the quarter. SouthState Corp’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $286,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 3,469.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,392 shares of the company’s stock valued at $59,000 after acquiring an additional 1,353 shares in the last quarter. Richardson Capital Management LLC boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.9% during the fourth quarter. Richardson Capital Management LLC now owns 1,969 shares of the company’s stock valued at $84,000 after purchasing an additional 429 shares in the last quarter. First Horizon Advisors Inc. grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% in the third quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock worth $94,000 after purchasing an additional 458 shares during the period. Wintrust Investments LLC raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 287.7% in the fourth quarter. Wintrust Investments LLC now owns 4,486 shares of the company’s stock worth $191,000 after purchasing an additional 3,329 shares in the last quarter. Finally, Princeton Global Asset Management LLC lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 101.3% during the fourth quarter. Princeton Global Asset Management LLC now owns 4,878 shares of the company’s stock valued at $208,000 after buying an additional 2,455 shares during the period.

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

NYSEARCA:SHYG opened at $42.65 on Tuesday. The firm’s 50-day moving average price is $42.97 and its 200-day moving average price is $42.99. The company has a market capitalization of $6.53 billion, a PE ratio of 10.83 and a beta of 0.36. iShares 0-5 Year High Yield Corporate Bond ETF has a 1-year low of $41.60 and a 1-year high of $43.45.

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.