iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Stake Cut by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC decreased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 49.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 349,597 shares of the company’s stock after selling 337,016 shares during the period. Motley Fool Wealth Management LLC owned about 0.24% of iShares 0-5 Year High Yield Corporate Bond ETF worth $14,897,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SHYG. Hunter Associates Investment Management LLC grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.8% during the 4th quarter. Hunter Associates Investment Management LLC now owns 7,531 shares of the company’s stock valued at $320,000 after buying an additional 273 shares during the last quarter. Richardson Capital Management LLC boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 27.9% in the fourth quarter. Richardson Capital Management LLC now owns 1,969 shares of the company’s stock valued at $84,000 after acquiring an additional 429 shares during the period. One Capital Management LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 0.8% during the fourth quarter. One Capital Management LLC now owns 85,561 shares of the company’s stock valued at $3,646,000 after purchasing an additional 645 shares during the last quarter. SouthState Corp raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 15.7% during the 4th quarter. SouthState Corp now owns 6,705 shares of the company’s stock worth $286,000 after purchasing an additional 910 shares during the period. Finally, HCR Wealth Advisors lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.0% in the 4th quarter. HCR Wealth Advisors now owns 51,008 shares of the company’s stock worth $2,173,000 after purchasing an additional 1,000 shares during the last quarter.

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

Shares of SHYG opened at $42.81 on Wednesday. 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. The firm has a fifty day moving average of $42.97 and a 200-day moving average of $42.98. The company has a market cap of $6.56 billion, a price-to-earnings ratio of 10.83 and a beta of 0.36.

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.