American Trust Takes $2.75 Million Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

American Trust purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 65,090 shares of the company’s stock, valued at approximately $2,747,000.

Several other large investors also recently added to or reduced their stakes in the company. RiverFront Investment Group LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% in the 2nd quarter. RiverFront Investment Group LLC now owns 211,365 shares of the company’s stock valued at $8,920,000 after buying an additional 43,794 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 8.6% in the second quarter. Sunbelt Securities Inc. now owns 46,253 shares of the company’s stock worth $1,952,000 after acquiring an additional 3,656 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 46.2% in the second quarter. EverSource Wealth Advisors LLC now owns 4,055 shares of the company’s stock valued at $173,000 after purchasing an additional 1,282 shares in the last quarter. One Capital Management LLC raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.9% during the 2nd quarter. One Capital Management LLC now owns 81,019 shares of the company’s stock valued at $3,419,000 after purchasing an additional 3,011 shares during the period. Finally, Vantage Financial Partners LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 9.2% during the 2nd quarter. Vantage Financial Partners LLC now owns 9,200 shares of the company’s stock worth $388,000 after purchasing an additional 772 shares in the last quarter.

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

Shares of NYSEARCA SHYG opened at $43.14 on Wednesday. iShares 0-5 Year High Yield Corporate Bond ETF has a 52 week low of $40.15 and a 52 week high of $43.45. The business has a 50-day simple moving average of $42.86 and a two-hundred day simple moving average of $42.43.

iShares 0-5 Year High Yield Corporate Bond ETF 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.