Fisher Asset Management LLC Cuts Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Fisher Asset Management LLC lowered its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 58.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,686 shares of the exchange traded fund’s stock after selling 3,777 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $216,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HYG. iA Global Asset Management Inc. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.5% during the 2nd quarter. iA Global Asset Management Inc. now owns 1,464,126 shares of the exchange traded fund’s stock valued at $112,943,000 after acquiring an additional 7,093 shares during the last quarter. Toronto Dominion Bank grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 528.9% in the 2nd quarter. Toronto Dominion Bank now owns 682,340 shares of the exchange traded fund’s stock worth $52,636,000 after buying an additional 573,840 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9,507.1% in the 2nd quarter. SG Americas Securities LLC now owns 504,755 shares of the exchange traded fund’s stock worth $38,937,000 after buying an additional 499,501 shares during the last quarter. Stairway Partners LLC raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 19.0% during the 3rd quarter. Stairway Partners LLC now owns 297,484 shares of the exchange traded fund’s stock valued at $23,888,000 after buying an additional 47,580 shares in the last quarter. Finally, Money Design Co. Ltd. bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at about $20,068,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA HYG opened at $80.04 on Monday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.20 and a 1-year high of $80.37. The business’s 50 day moving average is $79.58 and its two-hundred day moving average is $78.57. The stock has a market capitalization of $15.27 billion, a P/E ratio of 9.60 and a beta of 0.36.

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.