Transcendent Capital Group LLC Has $3.38 Million Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Transcendent Capital Group LLC reduced its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 3.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 42,032 shares of the exchange traded fund’s stock after selling 1,327 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF makes up about 1.7% of Transcendent Capital Group LLC’s portfolio, making the stock its 18th largest holding. Transcendent Capital Group LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,375,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of HYG. Lazard Asset Management LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter worth approximately $3,022,000. First Horizon Advisors Inc. raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 8.5% during the second quarter. First Horizon Advisors Inc. now owns 7,377 shares of the exchange traded fund’s stock worth $569,000 after buying an additional 577 shares during the last quarter. Rosenberg Matthew Hamilton lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% in the second quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 334 shares during the period. Farmers & Merchants Investments Inc. boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 1.3% during the second quarter. Farmers & Merchants Investments Inc. now owns 149,836 shares of the exchange traded fund’s stock valued at $11,558,000 after acquiring an additional 1,921 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 77.0% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,473 shares of the exchange traded fund’s stock worth $114,000 after acquiring an additional 641 shares during the period.

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

HYG stock opened at $79.80 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $73.68 and a 1-year high of $80.37. The stock has a 50-day moving average price of $79.55 and a 200-day moving average price of $78.26. The firm has a market cap of $15.23 billion, a PE ratio of 9.60 and a beta of 0.36.

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.