Rathbones Group PLC Takes $218,000 Position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Rathbones Group PLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,775 shares of the exchange traded fund’s stock, valued at approximately $218,000.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.0% during the third quarter. JPMorgan Chase & Co. now owns 1,842,486 shares of the exchange traded fund’s stock worth $147,952,000 after purchasing an additional 614,400 shares in the last quarter. Deseret Mutual Benefit Administrators bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth $17,820,000. Allstate Corp boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 61.7% during the fourth quarter. Allstate Corp now owns 564,114 shares of the exchange traded fund’s stock worth $44,368,000 after purchasing an additional 215,168 shares in the last quarter. New Age Alpha Advisors LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth $5,672,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth $4,244,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Up 2.7 %

Shares of NYSEARCA HYG opened at $77.78 on Thursday. The company’s fifty day moving average is $79.03 and its 200-day moving average is $79.27. The stock has a market cap of $16.33 billion, a price-to-earnings ratio of 10.46 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a twelve month low of $75.08 and a twelve month high of $80.37.

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.