Worth Asset Management LLC Raises Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Worth Asset Management LLC boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 61.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 33,552 shares of the exchange traded fund’s stock after buying an additional 12,709 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 1.0% of Worth Asset Management LLC’s holdings, making the stock its 20th biggest holding. Worth Asset Management LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,669,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Jump Financial LLC grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 335.3% in the 4th quarter. Jump Financial LLC now owns 720,900 shares of the exchange traded fund’s stock worth $58,126,000 after acquiring an additional 1,027,275 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 18.4% during the third quarter. Ameriprise Financial Inc. now owns 1,818,659 shares of the exchange traded fund’s stock worth $147,320,000 after purchasing an additional 282,574 shares during the period. Cullen Frost Bankers Inc. boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 142.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 420,126 shares of the exchange traded fund’s stock worth $33,875,000 after purchasing an additional 246,871 shares during the period. iA Global Asset Management Inc. grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 16.8% in the fourth quarter. iA Global Asset Management Inc. now owns 1,300,125 shares of the exchange traded fund’s stock worth $104,829,000 after purchasing an additional 186,734 shares during the last quarter. Finally, BNP Paribas grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.1% in the third quarter. BNP Paribas now owns 4,720,136 shares of the exchange traded fund’s stock worth $383,228,000 after purchasing an additional 184,894 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA:HYG opened at $79.94 on Tuesday. The stock’s 50-day moving average is $80.03 and its 200 day moving average is $80.29. The company has a market cap of $17.09 billion, a PE ratio of 10.79 and a beta of 0.39. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $78.57 and a 1 year high of $81.36.

iShares iBoxx $ High Yield Corporate Bond ETF 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.