J.Safra Asset Management Corp Buys 987 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

J.Safra Asset Management Corp raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,084 shares of the exchange traded fund’s stock after buying an additional 987 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF comprises about 0.9% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 14th biggest holding. J.Safra Asset Management Corp’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $6,662,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter valued at $26,000. GoalVest Advisory LLC purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth about $39,000. Peoples Bank KS bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth approximately $85,000. Harbor Capital Advisors Inc. purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter valued at approximately $157,000. Finally, Boyd Watterson Asset Management LLC OH increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 23.8% during the third quarter. Boyd Watterson Asset Management LLC OH now owns 2,234 shares of the exchange traded fund’s stock valued at $165,000 after acquiring an additional 429 shares in the last quarter.

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

HYG stock traded down $0.16 during midday trading on Thursday, hitting $76.39. The company’s stock had a trading volume of 46,360,754 shares, compared to its average volume of 38,550,809. The firm’s 50-day moving average is $77.02 and its 200-day moving average is $76.14. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $71.68 and a 12 month high of $78.08. The company has a market cap of $14.32 billion, a PE ratio of 9.48 and a beta of 0.35.

iShares iBoxx $ High Yield Corporate Bond ETF Company Profile

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.