iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Shares Sold by Next Capital Management LLC

Next Capital Management LLC decreased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 17.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 24,600 shares of the company’s stock after selling 5,259 shares during the quarter. Next Capital Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,048,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. MassMutual Private Wealth & Trust FSB raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 3,469.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,392 shares of the company’s stock valued at $59,000 after acquiring an additional 1,353 shares in the last quarter. Richardson Capital Management LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.9% in the 4th quarter. Richardson Capital Management LLC now owns 1,969 shares of the company’s stock valued at $84,000 after purchasing an additional 429 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock worth $94,000 after purchasing an additional 458 shares during the last quarter. Wintrust Investments LLC grew its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 287.7% during the fourth quarter. Wintrust Investments LLC now owns 4,486 shares of the company’s stock worth $191,000 after purchasing an additional 3,329 shares in the last quarter. Finally, Princeton Global Asset Management LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 101.3% in the fourth quarter. Princeton Global Asset Management LLC now owns 4,878 shares of the company’s stock valued at $208,000 after buying an additional 2,455 shares during the last quarter.

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

Shares of NYSEARCA SHYG opened at $42.56 on Wednesday. The business has a 50-day moving average of $42.96 and a two-hundred day moving average of $42.99. The company has a market capitalization of $6.52 billion, a price-to-earnings ratio of 10.83 and a beta of 0.36. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $41.60 and a 1 year high of $43.45.

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.