NBT Bank N.A. Makes New $3.86 Million Investment in iShares iBoxx $ High Yield Corporate Bond ETF $HYG

NBT Bank N.A. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 49,961 shares of the exchange traded fund’s stock, valued at approximately $3,857,000.

Other institutional investors have also made changes to their positions in the company. Wavvest Wealth LLC purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter valued at about $252,000. Fifth Third Securities Inc. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth about $366,000. Financial & Tax Architects LLC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1.8% in the 3rd quarter. Financial & Tax Architects LLC now owns 51,976 shares of the exchange traded fund’s stock valued at $4,013,000 after buying an additional 910 shares during the last quarter. Ninety One UK Ltd acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $1,435,000. Finally, Nvwm LLC grew its position in iShares iBoxx $ High Yield Corporate Bond ETF by 182.5% in the 3rd quarter. Nvwm LLC now owns 148,263 shares of the exchange traded fund’s stock worth $11,447,000 after purchasing an additional 95,782 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.2%

HYG opened at $77.10 on Friday. The stock has a market cap of $16.87 billion, a PE ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $76.39 and a 1 year high of $81.33. The stock’s 50 day simple moving average is $78.32 and its 200-day simple moving average is $79.32.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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.