City Holding Co. Purchases 2,051 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

City Holding Co. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 11.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,244 shares of the exchange traded fund’s stock after buying an additional 2,051 shares during the quarter. City Holding Co.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,513,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Management Professionals Inc. grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 12.6% during the 4th quarter. Financial Management Professionals Inc. now owns 3,066 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 342 shares during the last quarter. Arkadios Wealth Advisors raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 2.2% in the fourth quarter. Arkadios Wealth Advisors now owns 16,008 shares of the exchange traded fund’s stock valued at $1,259,000 after purchasing an additional 348 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 82.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,879 shares of the exchange traded fund’s stock valued at $226,000 after purchasing an additional 1,303 shares during the last quarter. Burns J W & Co. Inc. NY boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 48.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 11,058 shares of the exchange traded fund’s stock valued at $870,000 after purchasing an additional 3,593 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 135.8% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,919 shares of the exchange traded fund’s stock worth $308,000 after purchasing an additional 2,257 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA HYG opened at $79.46 on Monday. The company has a 50 day simple moving average of $79.22 and a 200 day simple moving average of $79.05. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.59 and a 1 year high of $80.37. The firm has a market cap of $15.16 billion, a PE 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.