SOA Wealth Advisors LLC. Makes New Investment in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

SOA Wealth Advisors LLC. purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the fourth quarter, Holdings Channel.com reports. The fund purchased 915 shares of the exchange traded fund’s stock, valued at approximately $80,000.

Other large investors have also modified their holdings of the company. Bangor Savings Bank increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 11.4% during the fourth quarter. Bangor Savings Bank now owns 3,422 shares of the exchange traded fund’s stock worth $301,000 after purchasing an additional 349 shares during the period. Panagora Asset Management Inc. increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 2.6% during the fourth quarter. Panagora Asset Management Inc. now owns 66,049 shares of the exchange traded fund’s stock worth $5,766,000 after purchasing an additional 1,675 shares during the period. Schroder Investment Management Group purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth approximately $262,198,000. Creative Financial Designs Inc. ADV increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 295.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 708 shares of the exchange traded fund’s stock worth $62,000 after buying an additional 529 shares during the period. Finally, TIAA FSB increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9.4% during the fourth quarter. TIAA FSB now owns 300,680 shares of the exchange traded fund’s stock worth $26,249,000 after buying an additional 25,823 shares during the period.

HYG stock opened at $87.23 on Thursday. The company’s 50 day moving average price is $86.77 and its 200 day moving average price is $86.17. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $75.69 and a fifty-two week high of $87.79.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.

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Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG).

Institutional Ownership by Quarter for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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