FSA Advisors Inc. Invests $2.03 Million in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG

FSA Advisors Inc. purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 47,330 shares of the company’s stock, valued at approximately $2,029,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Arkadios Wealth Advisors boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 12.8% during the third quarter. Arkadios Wealth Advisors now owns 126,806 shares of the company’s stock worth $5,491,000 after purchasing an additional 14,426 shares in the last quarter. Waterloo Capital L.P. lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 7.2% in the 3rd quarter. Waterloo Capital L.P. now owns 235,112 shares of the company’s stock valued at $10,180,000 after acquiring an additional 15,832 shares in the last quarter. Sound Income Strategies LLC lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 3.5% in the 4th quarter. Sound Income Strategies LLC now owns 1,035,730 shares of the company’s stock valued at $44,588,000 after acquiring an additional 34,667 shares in the last quarter. Alexis Investment Partners LLC lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 14.7% in the 4th quarter. Alexis Investment Partners LLC now owns 147,810 shares of the company’s stock valued at $6,341,000 after acquiring an additional 18,997 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 7.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 86,145 shares of the company’s stock valued at $3,726,000 after acquiring an additional 5,838 shares in the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Performance

SHYG opened at $42.46 on Monday. The stock has a market capitalization of $7.55 billion, a P/E ratio of 10.74 and a beta of 0.28. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.83 and a 12 month high of $43.39. The firm’s fifty day simple moving average is $42.43 and its 200 day simple moving average is $42.75.

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.