Strategic Investment Solutions Inc. IL Takes Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Strategic Investment Solutions Inc. IL bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the second quarter, HoldingsChannel reports. The institutional investor bought 1,490 shares of the exchange traded fund’s stock, valued at approximately $118,000.

Several other institutional investors and hedge funds have also made changes to their positions in HYG. Viewpoint Capital Management LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $28,000. Anfield Capital Management LLC boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 46.7% during the 2nd quarter. Anfield Capital Management LLC now owns 465 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 148 shares during the last quarter. Able Wealth Management LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth approximately $39,000. Pathway Financial Advisers LLC bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter worth $41,000. Finally, American National Bank raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 57.7% in the first quarter. American National Bank now owns 836 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 306 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

NYSEARCA HYG opened at $79.88 on Thursday. The company has a market capitalization of $15.24 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 $80.37. The company’s fifty day moving average price is $79.05 and its two-hundred day moving average price is $77.80.

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.