29,631 Shares in iShares 0-5 Year High Yield Corporate Bond ETF $SHYG Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) during the 1st quarter, HoldingsChannel reports. The fund bought 29,631 shares of the company’s stock, valued at approximately $1,254,000.

Other large investors have also recently added to or reduced their stakes in the company. Monetary Solutions Ltd acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the 4th quarter worth $66,000. Virtue Capital Management LLC grew its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 962.2% in the fourth quarter. Virtue Capital Management LLC now owns 79,572 shares of the company’s stock worth $3,414,000 after purchasing an additional 72,081 shares in the last quarter. Cahill Financial Advisors Inc. increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 44.3% during the fourth quarter. Cahill Financial Advisors Inc. now owns 6,757 shares of the company’s stock valued at $290,000 after purchasing an additional 2,075 shares during the period. WFA of San Diego LLC increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 43.3% during the fourth quarter. WFA of San Diego LLC now owns 1,549 shares of the company’s stock valued at $66,000 after purchasing an additional 468 shares during the period. Finally, Advisory Services Network LLC increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.5% during the fourth quarter. Advisory Services Network LLC now owns 35,598 shares of the company’s stock valued at $1,526,000 after purchasing an additional 865 shares during the period.

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

Shares of NYSEARCA SHYG opened at $42.24 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a fifty-two week low of $41.83 and a fifty-two week high of $43.39. The firm’s 50-day simple moving average is $42.40 and its 200 day simple moving average is $42.58. The stock has a market cap of $7.58 billion, a P/E ratio of 10.74 and a beta of 0.28.

iShares 0-5 Year High Yield Corporate Bond ETF Company 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.