Sumitomo Mitsui Trust Group Inc. Sells 14,127 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Sumitomo Mitsui Trust Group Inc. cut its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 15.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,487 shares of the company’s stock after selling 14,127 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.05% of iShares 0-5 Year High Yield Corporate Bond ETF worth $3,174,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in SHYG. Motley Fool Wealth Management LLC boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% in the third quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock worth $29,813,000 after acquiring an additional 340,749 shares in the last quarter. Ninety One UK Ltd boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 17.7% in the fourth quarter. Ninety One UK Ltd now owns 423,751 shares of the company’s stock worth $18,056,000 after acquiring an additional 63,779 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 0.6% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 303,830 shares of the company’s stock worth $12,946,000 after acquiring an additional 1,807 shares in the last quarter. Kiely Wealth Advisory Group Inc. bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter worth $6,858,000. Finally, Graypoint LLC boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 4.3% in the fourth quarter. Graypoint LLC now owns 131,461 shares of the company’s stock worth $5,602,000 after acquiring an additional 5,362 shares in the last quarter.

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

iShares 0-5 Year High Yield Corporate Bond ETF stock opened at $43.06 on Friday. The business’s fifty day simple moving average is $42.90 and its two-hundred day simple moving average is $42.94. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $41.60 and a 12 month high of $43.45.

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.