Sunbelt Securities Inc. Sells 6,456 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Sunbelt Securities Inc. decreased its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 37.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,563 shares of the exchange traded fund’s stock after selling 6,456 shares during the period. Sunbelt Securities Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $815,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Lazard Asset Management LLC bought a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter worth about $3,022,000. First Horizon Advisors Inc. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 8.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 7,377 shares of the exchange traded fund’s stock worth $569,000 after purchasing an additional 577 shares in the last quarter. Rosenberg Matthew Hamilton boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 334 shares in the last quarter. Farmers & Merchants Investments Inc. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1.3% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 149,836 shares of the exchange traded fund’s stock worth $11,558,000 after purchasing an additional 1,921 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 93.6% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 15,240 shares of the exchange traded fund’s stock worth $1,185,000 after purchasing an additional 7,370 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

Shares of iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $80.30 on Tuesday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $71.68 and a 1 year high of $80.37. The firm’s 50-day moving average is $78.98 and its 200 day moving average is $77.77. The stock has a market cap of $15.32 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36.

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.