First Horizon Advisors Inc. Grows Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

First Horizon Advisors Inc. grew its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 27.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,155 shares of the company’s stock after purchasing an additional 458 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $94,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SHYG. Fortitude Family Office LLC purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter valued at about $37,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter valued at approximately $39,000. Richardson Capital Management LLC grew its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% in the third quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock worth $67,000 after purchasing an additional 467 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth $105,000. Finally, Whittier Trust Co. raised its position in iShares 0-5 Year High Yield Corporate Bond ETF by 27.3% during 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 in the last quarter.

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

SHYG opened at $43.07 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a 12-month low of $41.42 and a 12-month high of $43.45. The business’s fifty day simple moving average is $43.09 and its 200-day simple moving average is $42.66.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.