Sumitomo Mitsui Trust Holdings Inc. Grows Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 126,334 shares of the exchange traded fund’s stock after buying an additional 5,300 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned 0.06% of iShares iBoxx $ High Yield Corporate Bond ETF worth $9,777,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in HYG. Arkadios Wealth Advisors lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 135.6% during the fourth quarter. Arkadios Wealth Advisors now owns 12,006 shares of the exchange traded fund’s stock worth $929,000 after purchasing an additional 6,909 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth $609,000. Whittier Trust Co. lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 105.4% during the fourth quarter. Whittier Trust Co. now owns 14,878 shares of the exchange traded fund’s stock worth $1,151,000 after purchasing an additional 7,636 shares during the last quarter. Financial Network Wealth Management LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 6.8% during the fourth quarter. Financial Network Wealth Management LLC now owns 6,863 shares of the exchange traded fund’s stock worth $531,000 after purchasing an additional 436 shares during the last quarter. Finally, Peoples Bank KS bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter worth $85,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of HYG opened at $76.71 on Wednesday. The business’s fifty day moving average price is $77.05 and its 200 day moving average price is $76.13. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $71.68 and a 12-month high of $78.08. The stock has a market capitalization of $14.38 billion, a PE ratio of 9.48 and a beta of 0.35.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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.