Waterloo Capital L.P. Has $6.95 Million Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Waterloo Capital L.P. lessened its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 6.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 164,673 shares of the company’s stock after selling 12,209 shares during the period. iShares 0-5 Year High Yield Corporate Bond ETF makes up approximately 0.8% of Waterloo Capital L.P.’s holdings, making the stock its 29th largest position. Waterloo Capital L.P.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $6,949,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Rosenberg Matthew Hamilton boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 1.5% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 17,046 shares of the company’s stock valued at $715,000 after purchasing an additional 246 shares during the period. Diversified Portfolios Inc. lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1.8% in the second quarter. Diversified Portfolios Inc. now owns 17,370 shares of the company’s stock valued at $733,000 after buying an additional 300 shares during the period. Sierra Capital LLC grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 1.3% during the first quarter. Sierra Capital LLC now owns 27,245 shares of the company’s stock worth $1,159,000 after buying an additional 356 shares in the last quarter. First Horizon Advisors Inc. increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% during the second 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. Finally, Whittier Trust Co. increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 27.3% during the second quarter. Whittier Trust Co. now owns 2,578 shares of the company’s stock valued at $109,000 after acquiring an additional 553 shares during the period.

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

Shares of SHYG stock opened at $43.18 on Wednesday. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $40.15 and a 12 month high of $43.23. The stock has a 50 day moving average of $42.70 and a two-hundred day moving average of $42.36.

iShares 0-5 Year High Yield Corporate Bond ETF 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.