Rathbones Group PLC Purchases 9,444 Shares of iShares iBoxx $ High Yield Corporate Bond ETF $HYG

Rathbones Group PLC boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 171.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 14,945 shares of the exchange traded fund’s stock after purchasing an additional 9,444 shares during the period. Rathbones Group PLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,189,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of HYG. Elyxium Wealth LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at approximately $32,000. High Point Wealth Management LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter valued at $38,000. Triumph Capital Management bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth $38,000. IFC & Insurance Marketing Inc. purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth about $81,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 14.8% in the 1st quarter. Sound Income Strategies LLC now owns 1,068 shares of the exchange traded fund’s stock worth $85,000 after buying an additional 138 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

NYSEARCA HYG opened at $79.55 on Wednesday. The company has a market capitalization of $16.63 billion, a PE ratio of 10.79 and a beta of 0.39. iShares iBoxx $ High Yield Corporate Bond ETF has a 52-week low of $78.57 and a 52-week high of $81.36. The company has a 50-day simple moving average of $79.73 and a 200 day simple moving average of $80.06.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, industrials, and oil and gas companies.