Rebalance LLC Has $7.37 Million Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Rebalance LLC increased its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 91,790 shares of the exchange traded fund’s stock after acquiring an additional 2,396 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF comprises about 0.5% of Rebalance LLC’s investment portfolio, making the stock its 20th biggest position. Rebalance LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $7,371,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC lifted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 93.6% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 15,240 shares of the exchange traded fund’s stock worth $1,185,000 after purchasing an additional 7,370 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 19.1% during the first quarter. Sunbelt Securities Inc. now owns 17,019 shares of the exchange traded fund’s stock worth $1,323,000 after buying an additional 2,729 shares during the last quarter. Vicus Capital boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 34.8% in the first quarter. Vicus Capital now owns 40,383 shares of the exchange traded fund’s stock valued at $3,139,000 after acquiring an additional 10,418 shares during the period. Farmers & Merchants Investments Inc. grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 5.5% in the first quarter. Farmers & Merchants Investments Inc. now owns 147,915 shares of the exchange traded fund’s stock worth $11,497,000 after acquiring an additional 7,679 shares during the last quarter. Finally, Redmont Wealth Advisors LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the first quarter worth $1,047,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.2 %

NYSEARCA:HYG traded down $0.16 during trading hours on Wednesday, hitting $79.21. 1,836,410 shares of the company traded hands, compared to its average volume of 36,317,043. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $72.10 and a twelve month high of $80.37. The firm has a 50-day moving average of $79.49 and a 200 day moving average of $78.02. The stock has a market capitalization of $15.11 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36.

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.