RiverFront Investment Group LLC Raises Stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

RiverFront Investment Group LLC boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 21.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,019,738 shares of the company’s stock after buying an additional 176,686 shares during the period. iShares 0-5 Year High Yield Corporate Bond ETF makes up approximately 1.4% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 24th largest holding. RiverFront Investment Group LLC owned 0.77% of iShares 0-5 Year High Yield Corporate Bond ETF worth $43,053,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SHYG. Headinvest LLC purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth approximately $60,000. First Horizon Advisors Inc. boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 68.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,041 shares of the company’s stock worth $84,000 after purchasing an additional 827 shares in the last quarter. Private Trust Co. NA raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 60.5% during the 4th quarter. Private Trust Co. NA now owns 5,709 shares of the company’s stock worth $241,000 after buying an additional 2,152 shares during the period. Vantage Financial Partners LLC acquired a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth approximately $274,000. Finally, Whittier Trust Co. raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 89.5% during the 4th quarter. Whittier Trust Co. now owns 6,917 shares of the company’s stock worth $292,000 after buying an additional 3,267 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.3 %

Shares of SHYG stock traded up $0.11 during trading hours on Friday, hitting $42.07. 2,093,523 shares of the company’s stock were exchanged, compared to its average volume of 1,506,979. The firm has a 50 day moving average of $42.23 and a two-hundred day moving average of $41.88. iShares 0-5 Year High Yield Corporate Bond ETF has a fifty-two week low of $40.15 and a fifty-two week high of $42.67.

iShares 0-5 Year High Yield Corporate Bond ETF Profile

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.