521 Shares in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Acquired by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the first quarter, HoldingsChannel.com reports. The fund bought 521 shares of the exchange traded fund’s stock, valued at approximately $41,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter valued at $26,000. Able Wealth Management LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth about $39,000. American National Bank raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 13,150.0% in the fourth quarter. American National Bank now owns 530 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 526 shares during the period. Tidemark LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth about $44,000. Finally, ICA Group Wealth Management LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter valued at about $80,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.3 %

iShares iBoxx $ High Yield Corporate Bond ETF stock traded down $0.26 during midday trading on Friday, hitting $77.70. The stock had a trading volume of 71,578,675 shares, compared to its average volume of 36,599,332. iShares iBoxx $ High Yield Corporate Bond ETF has a 52-week low of $71.68 and a 52-week high of $78.60. The company has a market capitalization of $14.83 billion, a PE ratio of 9.60 and a beta of 0.36. The firm’s fifty day moving average is $77.48 and its two-hundred day moving average is $77.21.

iShares iBoxx $ High Yield Corporate Bond ETF 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.