iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 23.7% in the fourth quarter, HoldingsChannel reports. The firm owned 78,757 shares of the exchange traded fund’s stock after selling 24,431 shares during the period. Bank of New York Mellon Corp’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $6,194,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Harbor Capital Advisors Inc. grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 135.8% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,919 shares of the exchange traded fund’s stock worth $308,000 after buying an additional 2,257 shares in the last quarter. Mittelman Wealth Management grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 287.6% in the 3rd quarter. Mittelman Wealth Management now owns 25,662 shares of the exchange traded fund’s stock worth $2,061,000 after acquiring an additional 19,041 shares during the period. Kovitz Investment Group Partners LLC raised its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 0.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 169,472 shares of the exchange traded fund’s stock valued at $13,551,000 after acquiring an additional 602 shares during the last quarter. Private Trust Co. NA lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 16.4% during the 3rd quarter. Private Trust Co. NA now owns 5,503 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 775 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.0% during the third quarter. JPMorgan Chase & Co. now owns 1,842,486 shares of the exchange traded fund’s stock worth $147,952,000 after purchasing an additional 614,400 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.5 %

Shares of NYSEARCA:HYG opened at $78.88 on Monday. The company has a market cap of $15.06 billion, a P/E ratio of 16.45 and a beta of 0.46. The business has a fifty day simple moving average of $79.44 and a 200-day simple moving average of $79.44. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $75.59 and a 52 week high of $80.37.

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.