Prime Capital Investment Advisors LLC Grows Stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Prime Capital Investment Advisors LLC increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 15.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 215,643 shares of the exchange traded fund’s stock after acquiring an additional 28,591 shares during the period. Prime Capital Investment Advisors LLC owned about 0.11% of iShares iBoxx $ High Yield Corporate Bond ETF worth $17,316,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Lazard Asset Management LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter worth about $3,022,000. First Horizon Advisors Inc. lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 8.5% during the second quarter. First Horizon Advisors Inc. now owns 7,377 shares of the exchange traded fund’s stock worth $569,000 after purchasing an additional 577 shares during the last quarter. Rosenberg Matthew Hamilton increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% during the second quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 334 shares during the period. Farmers & Merchants Investments Inc. increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.3% during the second quarter. Farmers & Merchants Investments Inc. now owns 149,836 shares of the exchange traded fund’s stock valued at $11,558,000 after buying an additional 1,921 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 77.0% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 1,473 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 641 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.2 %

Shares of HYG stock traded down $0.17 during trading hours on Tuesday, reaching $79.54. 3,897,667 shares of the company’s stock were exchanged, compared to its average volume of 36,248,129. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $73.79 and a 1 year high of $80.37. The stock has a market cap of $15.18 billion, a PE ratio of 9.60 and a beta of 0.36. The stock’s fifty day moving average price is $79.56 and its two-hundred day moving average price is $78.31.

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.