Massmutual Trust Co. FSB ADV Reduces Stock Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Massmutual Trust Co. FSB ADV reduced its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 67.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 498 shares of the exchange traded fund’s stock after selling 1,035 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $37,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Financial Management Professionals Inc. raised its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 9.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 2,053 shares of the exchange traded fund’s stock valued at $154,000 after buying an additional 185 shares during the period. EverSource Wealth Advisors LLC grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 60.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 552 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 209 shares in the last quarter. Sunbelt Securities Inc. grew its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 35.6% during the 2nd quarter. Sunbelt Securities Inc. now owns 1,009 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 265 shares in the last quarter. Certified Advisory Corp grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.5% in the 1st quarter. Certified Advisory Corp now owns 67,510 shares of the exchange traded fund’s stock worth $5,555,000 after acquiring an additional 345 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2.0% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 19,069 shares of the exchange traded fund’s stock worth $1,441,000 after acquiring an additional 381 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 0.2 %

Shares of HYG traded up $0.17 during mid-day trading on Friday, hitting $74.77. The stock had a trading volume of 44,292,057 shares, compared to its average volume of 40,899,887. The company has a market cap of $15.00 billion, a PE ratio of 9.33 and a beta of 0.43. The company’s fifty day simple moving average is $73.46 and its two-hundred day simple moving average is $74.23. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $71.68 and a fifty-two week high of $77.34.

iShares iBoxx $ High Yield Corporate Bond ETF Profile

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.