Richardson Capital Management LLC Raises Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Richardson Capital Management LLC boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 27.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,969 shares of the company’s stock after acquiring an additional 429 shares during the period. Richardson Capital Management LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $84,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SHYG. Kiely Wealth Advisory Group Inc. purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the third quarter valued at $6,858,000. Jaffetilchin Investment Partners LLC raised its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 1.9% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 26,349 shares of the company’s stock valued at $1,144,000 after purchasing an additional 499 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 7.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 88,614 shares of the company’s stock valued at $3,848,000 after purchasing an additional 5,852 shares in the last quarter. Graypoint LLC boosted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.5% during the 3rd quarter. Graypoint LLC now owns 126,099 shares of the company’s stock worth $5,475,000 after purchasing an additional 3,030 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3,469.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,392 shares of the company’s stock valued at $59,000 after buying an additional 1,353 shares during the last quarter.

iShares 0-5 Year High Yield Corporate Bond ETF Stock Down 0.1 %

Shares of iShares 0-5 Year High Yield Corporate Bond ETF stock opened at $43.08 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a fifty-two week low of $41.60 and a fifty-two week high of $43.45. The business’s fifty day moving average is $42.90 and its two-hundred day moving average is $42.97. The firm has a market cap of $6.58 billion, a PE ratio of 16.44 and a beta of 0.35.

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.