Coston McIsaac & Partners Trims Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Coston McIsaac & Partners cut its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 4.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,445 shares of the exchange traded fund’s stock after selling 264 shares during the period. Coston McIsaac & Partners’ holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $437,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Viewpoint Capital Management LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter worth about $28,000. Anfield Capital Management LLC lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 46.7% during the second quarter. Anfield Capital Management LLC now owns 465 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 148 shares during the period. Pathway Financial Advisers LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the first quarter worth approximately $41,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter valued at $70,000. Finally, Rosenberg Matthew Hamilton lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 334 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.3 %

Shares of NYSEARCA:HYG traded down $0.22 during midday trading on Wednesday, reaching $79.15. The company’s stock had a trading volume of 9,905,607 shares, compared to its average volume of 36,356,402. The business has a 50 day moving average price of $79.49 and a 200 day moving average price of $78.02. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $72.10 and a 1 year high of $80.37. The firm has a market cap of $15.10 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36.

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.