Janney Montgomery Scott LLC Buys 36,612 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Janney Montgomery Scott LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 92.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,194 shares of the company’s stock after acquiring an additional 36,612 shares during the quarter. Janney Montgomery Scott LLC owned 0.05% of iShares 0-5 Year High Yield Corporate Bond ETF worth $3,247,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Fortitude Family Office LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth about $37,000. MassMutual Private Wealth & Trust FSB increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3,469.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,392 shares of the company’s stock worth $59,000 after purchasing an additional 1,353 shares in the last quarter. Richardson Capital Management LLC boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% during the third quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock valued at $67,000 after buying an additional 467 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock worth $94,000 after buying an additional 458 shares in the last quarter. Finally, Princeton Global Asset Management LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth about $105,000.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.2 %

Shares of NYSEARCA SHYG opened at $43.17 on Friday. The firm’s 50-day moving average price is $42.92 and its 200-day moving average price is $42.91. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $41.60 and a 52-week high of $43.45.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.