Wetzel Investment Advisors Inc. Makes New $26,000 Investment in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Wetzel Investment Advisors Inc. bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 4th quarter, HoldingsChannel.com reports. The fund bought 330 shares of the exchange traded fund’s stock, valued at approximately $26,000.

Other large investors also recently bought and sold shares of the company. Girard Partners LTD. lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 4.0% during the 3rd quarter. Girard Partners LTD. now owns 3,633 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 139 shares during the period. SWS Partners lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 6.8% in the 3rd quarter. SWS Partners now owns 5,491 shares of the exchange traded fund’s stock valued at $405,000 after purchasing an additional 352 shares during the period. Boyd Watterson Asset Management LLC OH lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 23.8% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 2,234 shares of the exchange traded fund’s stock valued at $165,000 after purchasing an additional 429 shares during the period. Financial Network Wealth Management LLC lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 6.8% in the 4th quarter. Financial Network Wealth Management LLC now owns 6,863 shares of the exchange traded fund’s stock valued at $531,000 after purchasing an additional 436 shares during the period. Finally, GoalVest Advisory LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at $39,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

HYG opened at $76.39 on Tuesday. The firm has a fifty day moving average price of $77.04 and a 200 day moving average price of $76.10. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $71.68 and a 1 year high of $78.08. The stock has a market cap of $14.32 billion, a P/E 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.