Massmutual Trust Co. FSB ADV Sells 1,035 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Massmutual Trust Co. FSB ADV cut its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 67.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 498 shares of the exchange traded fund’s stock after selling 1,035 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $37,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of HYG. Fairfield Bush & CO. bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the first quarter valued at approximately $118,000. Baird Financial Group Inc. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 0.9% in the 1st quarter. Baird Financial Group Inc. now owns 130,396 shares of the exchange traded fund’s stock valued at $10,730,000 after buying an additional 1,159 shares in the last quarter. Covestor Ltd boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 89.8% in the 1st quarter. Covestor Ltd now owns 2,194 shares of the exchange traded fund’s stock valued at $181,000 after buying an additional 1,038 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter valued at $36,580,000. Finally, Nations Financial Group Inc. IA ADV boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 125.8% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 48,261 shares of the exchange traded fund’s stock valued at $3,971,000 after buying an additional 26,892 shares in the last quarter.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Up 0.2 %

HYG stock traded up $0.17 during trading on Friday, hitting $74.77. The company had a trading volume of 44,292,057 shares, compared to its average volume of 40,899,887. The company has a market cap of $15.00 billion, a P/E ratio of 9.33 and a beta of 0.43. The company has a fifty day moving average price of $73.46 and a two-hundred day moving average price of $74.23. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $71.68 and a fifty-two week high of $77.34.

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.