JPMorgan Chase & Co. Increases Stock Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

JPMorgan Chase & Co. boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 186.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 125,750 shares of the company’s stock after acquiring an additional 81,871 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $5,358,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SHYG. Hunter Associates Investment Management LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 3.8% during the 4th quarter. Hunter Associates Investment Management LLC now owns 7,531 shares of the company’s stock valued at $320,000 after purchasing an additional 273 shares in the last quarter. Richardson Capital Management LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 27.9% in the fourth quarter. Richardson Capital Management LLC now owns 1,969 shares of the company’s stock valued at $84,000 after buying an additional 429 shares during the last quarter. One Capital Management LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 0.8% during the 4th quarter. One Capital Management LLC now owns 85,561 shares of the company’s stock worth $3,646,000 after buying an additional 645 shares during the last quarter. SouthState Corp lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 15.7% during the 4th quarter. SouthState Corp now owns 6,705 shares of the company’s stock worth $286,000 after buying an additional 910 shares during the last quarter. Finally, HCR Wealth Advisors grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.0% in the 4th quarter. HCR Wealth Advisors now owns 51,008 shares of the company’s stock worth $2,173,000 after acquiring an additional 1,000 shares in the last quarter.

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

Shares of SHYG opened at $41.84 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 1 year low of $40.38 and a 1 year high of $43.45. The company has a market cap of $5.79 billion, a price-to-earnings ratio of 10.60 and a beta of 0.30. The firm has a fifty day moving average of $42.45 and a 200-day moving average of $42.79.

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.