Burns J W & Co. Inc. NY Has $870,000 Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Burns J W & Co. Inc. NY boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 48.1% during the fourth quarter, Holdings Channel reports. The fund owned 11,058 shares of the exchange traded fund’s stock after purchasing an additional 3,593 shares during the period. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $870,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in HYG. Vista Capital Partners Inc. acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter worth about $208,000. Prime Capital Investment Advisors LLC lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 384.3% during the second quarter. Prime Capital Investment Advisors LLC now owns 187,052 shares of the exchange traded fund’s stock worth $14,429,000 after acquiring an additional 148,428 shares during the last quarter. EPIQ Capital Group LLC boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 152.8% during the second quarter. EPIQ Capital Group LLC now owns 10,910 shares of the exchange traded fund’s stock worth $842,000 after acquiring an additional 6,594 shares during the period. Mittelman Wealth Management grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 125.1% in the second quarter. Mittelman Wealth Management now owns 6,621 shares of the exchange traded fund’s stock valued at $511,000 after purchasing an additional 3,680 shares during the last quarter. Finally, Toronto Dominion Bank lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 528.9% during the 2nd quarter. Toronto Dominion Bank now owns 682,340 shares of the exchange traded fund’s stock worth $52,636,000 after purchasing an additional 573,840 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

NYSEARCA HYG traded down $0.02 on Monday, reaching $78.51. The stock had a trading volume of 39,004,498 shares, compared to its average volume of 35,806,742. The company has a market cap of $14.98 billion, a P/E ratio of 9.60 and a beta of 0.36. The firm has a fifty day moving average of $79.25 and a two-hundred day moving average of $78.98. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.59 and a 1-year high of $80.37.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.