iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Stock Position Increased by Ninety One UK Ltd

Ninety One UK Ltd lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 307.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 196,200 shares of the company’s stock after purchasing an additional 148,000 shares during the period. Ninety One UK Ltd’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $8,284,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SHYG. Cornerstone Planning Group LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter valued at about $38,000. Headinvest LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter valued at about $60,000. First Horizon Advisors Inc. grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 68.1% in the third quarter. First Horizon Advisors Inc. now owns 2,041 shares of the company’s stock valued at $84,000 after purchasing an additional 827 shares in the last quarter. US Bancorp DE grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 232.3% in the first quarter. US Bancorp DE now owns 2,818 shares of the company’s stock valued at $124,000 after purchasing an additional 1,970 shares in the last quarter. Finally, Retirement Group LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 538.5% in the fourth quarter. Retirement Group LLC now owns 3,167 shares of the company’s stock valued at $129,000 after purchasing an additional 2,671 shares in the last quarter.

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

Shares of NYSEARCA SHYG opened at $41.73 on Friday. The business’s 50-day moving average price is $42.26 and its two-hundred day moving average price is $41.81. iShares 0-5 Year High Yield Corporate Bond ETF has a one year low of $40.15 and a one year high of $42.67.

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.