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

Massmutual Trust Co. FSB ADV grew its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 71.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,519 shares of the exchange traded fund’s stock after purchasing an additional 2,296 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $443,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lazard Asset Management LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter valued at approximately $3,022,000. First Horizon Advisors Inc. boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 8.5% in the second quarter. First Horizon Advisors Inc. now owns 7,377 shares of the exchange traded fund’s stock valued at $569,000 after purchasing an additional 577 shares during the period. Rosenberg Matthew Hamilton boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.9% in the second quarter. Rosenberg Matthew Hamilton now owns 990 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 334 shares during the period. Farmers & Merchants Investments Inc. boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.3% in the second quarter. Farmers & Merchants Investments Inc. now owns 149,836 shares of the exchange traded fund’s stock valued at $11,558,000 after purchasing an additional 1,921 shares during the period. Finally, Kingswood Wealth Advisors LLC boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 93.6% in the first quarter. Kingswood Wealth Advisors LLC now owns 15,240 shares of the exchange traded fund’s stock valued at $1,185,000 after purchasing an additional 7,370 shares during the period.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

NYSEARCA HYG opened at $79.60 on Friday. The firm has a 50 day simple moving average of $79.11 and a 200-day simple moving average of $77.83. The firm has a market cap of $15.19 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $71.68 and a one year high of $80.37.

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.