Nations Financial Group Inc. IA ADV Grows Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Nations Financial Group Inc. IA ADV lifted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 107.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,228 shares of the exchange traded fund’s stock after buying an additional 21,343 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,243,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. White Pine Capital LLC grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.2% in the 4th quarter. White Pine Capital LLC now owns 4,065 shares of the exchange traded fund’s stock worth $320,000 after buying an additional 162 shares during the period. Farmers & Merchants Investments Inc. grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 10.5% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 170,877 shares of the exchange traded fund’s stock worth $13,439,000 after buying an additional 16,266 shares during the period. Golden State Wealth Management LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth about $291,000. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 18.0% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 35,350 shares of the exchange traded fund’s stock worth $2,781,000 after buying an additional 5,382 shares during the period. Finally, YANKCOM Partnership purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth about $109,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Performance

Shares of HYG stock opened at $79.76 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $75.59 and a one year high of $80.37. The company’s 50-day moving average is $79.22 and its 200 day moving average is $79.26. The company has a market capitalization of $15.22 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36.

About iShares iBoxx $ High Yield Corporate Bond ETF

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.