Sumitomo Mitsui Trust Group Inc. Has $9.60 Million Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 3.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 121,636 shares of the exchange traded fund’s stock after purchasing an additional 4,600 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $9,596,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Summit Financial LLC grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.9% during the 4th quarter. Summit Financial LLC now owns 16,678 shares of the exchange traded fund’s stock worth $1,312,000 after purchasing an additional 151 shares in the last quarter. Sanibel Captiva Trust Company Inc. grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.8% during the 1st quarter. Sanibel Captiva Trust Company Inc. now owns 18,703 shares of the exchange traded fund’s stock worth $1,475,000 after purchasing an additional 155 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 59.9% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 494 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 185 shares in the last quarter. Golden State Wealth Management LLC boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 8.1% during the 1st quarter. Golden State Wealth Management LLC now owns 4,005 shares of the exchange traded fund’s stock worth $316,000 after acquiring an additional 301 shares in the last quarter. Finally, Tolleson Wealth Management Inc. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 6.0% during the 4th quarter. Tolleson Wealth Management Inc. now owns 5,875 shares of the exchange traded fund’s stock worth $462,000 after acquiring an additional 331 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.1%

NYSEARCA HYG opened at $80.37 on Friday. The firm has a market capitalization of $17.70 billion, a price-to-earnings ratio of 10.79 and a beta of 0.40. The firm’s 50 day simple moving average is $79.36 and its 200 day simple moving average is $79.03. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $75.08 and a 1 year high of $80.67.

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.