Hexagon Capital Partners LLC Decreases Stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Hexagon Capital Partners LLC reduced its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 20.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,346 shares of the exchange traded fund’s stock after selling 607 shares during the period. Hexagon Capital Partners LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $182,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. 1ST Source Bank raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 0.5% in the 4th quarter. 1ST Source Bank now owns 39,511 shares of the exchange traded fund’s stock worth $3,058,000 after acquiring an additional 192 shares during the last quarter. American National Bank lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 57.7% during the first quarter. American National Bank now owns 836 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 306 shares during the period. Wetzel Investment Advisors Inc. purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at approximately $26,000. Financial Network Wealth Management LLC increased its holdings in 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 worth $531,000 after buying an additional 436 shares during the period. Finally, SWS Partners raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 8.0% during the 4th quarter. SWS Partners now owns 5,933 shares of the exchange traded fund’s stock worth $459,000 after buying an additional 442 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.6 %

Shares of NYSEARCA HYG opened at $76.71 on Tuesday. The company has a 50 day simple moving average of $77.02 and a two-hundred day simple moving average of $77.12. The stock has a market cap of $14.64 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $71.68 and a 12 month high of $78.08.

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.