Sumitomo Mitsui Trust Group Inc. Boosts Stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Sumitomo Mitsui Trust Group Inc. raised its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 7.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 88,614 shares of the company’s stock after buying an additional 5,852 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.06% of iShares 0-5 Year High Yield Corporate Bond ETF worth $3,848,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHYG. First Horizon Advisors Inc. grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock valued at $72,000 after acquiring an additional 409 shares during the period. EverSource Wealth Advisors LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 1st quarter valued at approximately $116,000. Farther Finance Advisors LLC boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 31.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 20,377 shares of the company’s stock worth $855,000 after buying an additional 4,883 shares during the period. SouthState Corp bought a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth approximately $114,000. Finally, Ninety One UK Ltd boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 77.2% in the 2nd quarter. Ninety One UK Ltd now owns 347,630 shares of the company’s stock worth $14,670,000 after buying an additional 151,430 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Up 0.1 %

SHYG opened at $43.00 on Tuesday. The company has a 50 day moving average of $43.09 and a 200 day moving average of $42.64. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.33 and a 12 month 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.