Virtue Capital Management LLC Decreases Stake in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

Virtue Capital Management LLC cut its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 5.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,947 shares of the company’s stock after selling 4,801 shares during the period. Virtue Capital Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $3,319,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. TD Private Client Wealth LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter worth $45,000. Ameriflex Group Inc. increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 30.6% in the 2nd quarter. Ameriflex Group Inc. now owns 2,059 shares of the company’s stock valued at $89,000 after acquiring an additional 482 shares during the period. Wells Financial Advisors INC increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 29.0% in the 1st quarter. Wells Financial Advisors INC now owns 2,135 shares of the company’s stock valued at $91,000 after acquiring an additional 480 shares during the period. GoalVest Advisory LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter worth $113,000. Finally, Parallel Advisors LLC lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 134.7% during the 2nd quarter. Parallel Advisors LLC now owns 4,530 shares of the company’s stock worth $195,000 after acquiring an additional 2,600 shares during the period.

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

iShares 0-5 Year High Yield Corporate Bond ETF stock opened at $43.07 on Friday. The business’s 50-day simple moving average is $43.00 and its two-hundred day simple moving average is $42.92. The company has a market cap of $7.90 billion, a PE ratio of 10.74 and a beta of 0.30. iShares 0-5 Year High Yield Corporate Bond ETF has a fifty-two week low of $40.38 and a fifty-two week high of $43.39.

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.