Pinnacle Wealth Management Advisory Group LLC Purchases 378 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,468 shares of the exchange traded fund’s stock after acquiring an additional 378 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $430,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 107.3% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 41,228 shares of the exchange traded fund’s stock valued at $3,243,000 after purchasing an additional 21,343 shares during the last quarter. White Pine Capital LLC increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 4.2% during the 4th quarter. White Pine Capital LLC now owns 4,065 shares of the exchange traded fund’s stock valued at $320,000 after buying an additional 162 shares in the last quarter. Farmers & Merchants Investments Inc. raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 10.5% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 170,877 shares of the exchange traded fund’s stock valued at $13,439,000 after buying an additional 16,266 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth about $291,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 18.0% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 35,350 shares of the exchange traded fund’s stock worth $2,781,000 after acquiring an additional 5,382 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.1 %

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.76 on Monday. The company has a 50 day moving average price of $79.22 and a 200 day moving average price of $79.28. The firm has a market capitalization of $15.22 billion, a P/E ratio of 9.60 and a beta of 0.36. iShares iBoxx $ High Yield Corporate Bond ETF has a 52 week low of $75.59 and a 52 week high of $80.37.

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.