Manning & Napier Group LLC Reduces Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Manning & Napier Group LLC cut its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYGFree Report) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,045 shares of the exchange traded fund’s stock after selling 1,588 shares during the period. Manning & Napier Group LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $5,266,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Fairfield Bush & CO. purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth $118,000. Baird Financial Group Inc. increased its position in iShares iBoxx $ High Yield Corporate Bond ETF by 0.9% in the 1st quarter. Baird Financial Group Inc. now owns 130,396 shares of the exchange traded fund’s stock valued at $10,730,000 after acquiring an additional 1,159 shares during the period. Covestor Ltd grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 89.8% in the 1st quarter. Covestor Ltd now owns 2,194 shares of the exchange traded fund’s stock valued at $181,000 after purchasing an additional 1,038 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter valued at approximately $36,580,000. Finally, Nations Financial Group Inc. IA ADV raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 125.8% during the first quarter. Nations Financial Group Inc. IA ADV now owns 48,261 shares of the exchange traded fund’s stock worth $3,971,000 after purchasing an additional 26,892 shares during the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

NYSEARCA:HYG opened at $77.73 on Friday. The firm has a market cap of $15.59 billion, a price-to-earnings ratio of 9.33 and a beta of 0.43. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $71.68 and a 1-year high of $78.08. The firm’s fifty day moving average price is $77.32 and its 200 day moving average price is $75.78.

iShares iBoxx $ High Yield Corporate Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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