iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 62.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,582 shares of the company’s stock after selling 67,199 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,719,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Fortitude Family Office LLC purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth about $37,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 2nd quarter valued at about $39,000. First Horizon Advisors Inc. raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock valued at $72,000 after purchasing an additional 409 shares during the last quarter. Princeton Global Asset Management LLC acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter valued at about $105,000. Finally, Whittier Trust Co. raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 27.3% in the 2nd quarter. Whittier Trust Co. now owns 2,578 shares of the company’s stock valued at $109,000 after purchasing an additional 553 shares during the last quarter.

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

Shares of SHYG stock opened at $43.04 on Thursday. The firm has a 50-day moving average price of $43.08 and a 200 day moving average price of $42.61. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $41.23 and a twelve 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.