JPMorgan Chase & Co. Decreases Stock Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

JPMorgan Chase & Co. decreased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 24.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,879 shares of the company’s stock after selling 13,930 shares during the period. JPMorgan Chase & Co.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,905,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHYG. Fortitude Family Office LLC bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter valued at $37,000. Richardson Capital Management LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% in the third quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock valued at $67,000 after acquiring an additional 467 shares during the period. First Horizon Advisors Inc. boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% in the third quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock worth $94,000 after purchasing an additional 458 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter valued at about $105,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 46.2% during the 2nd 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 during the last quarter.

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

SHYG opened at $43.12 on Thursday. The company’s 50 day moving average is $42.90 and its 200 day moving average is $42.88. iShares 0-5 Year High Yield Corporate Bond ETF has a 12-month low of $41.60 and a 12-month high of $43.45.

iShares 0-5 Year High Yield Corporate Bond ETF Company 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.