AdvisorNet Financial Inc Sells 271 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

AdvisorNet Financial Inc trimmed its holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 20.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,084 shares of the company’s stock after selling 271 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $46,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Motley Fool Wealth Management LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 98.5% in the third quarter. Motley Fool Wealth Management LLC now owns 686,613 shares of the company’s stock valued at $29,813,000 after buying an additional 340,749 shares during the last quarter. RiverFront Investment Group LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 26.1% in the second 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 during the last quarter. Kiely Wealth Advisory Group Inc. bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter valued at about $6,858,000. Graypoint LLC raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 4.3% in the fourth quarter. Graypoint LLC now owns 131,461 shares of the company’s stock valued at $5,602,000 after buying an additional 5,362 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 7.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 88,614 shares of the company’s stock worth $3,848,000 after purchasing an additional 5,852 shares during the last quarter.

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

Shares of NYSEARCA:SHYG opened at $43.05 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 1-year low of $41.60 and a 1-year high of $43.45. The business has a 50-day moving average price of $42.90 and a two-hundred day moving average price of $42.86.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.