Prime Capital Investment Advisors LLC Decreases Stake in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Prime Capital Investment Advisors LLC lessened its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 46.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,589 shares of the company’s stock after selling 32,152 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,544,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. HCR Wealth Advisors raised its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 28.3% during the 4th quarter. HCR Wealth Advisors now owns 50,823 shares of the company’s stock worth $2,146,000 after acquiring an additional 11,221 shares during the period. GLOBALT Investments LLC GA acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the 4th quarter valued at about $732,000. Richardson Financial Services Inc. purchased a new position in iShares 0-5 Year High Yield Corporate Bond ETF in the fourth quarter worth approximately $1,356,000. First Horizon Advisors Inc. increased its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% during the second quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock worth $72,000 after acquiring an additional 409 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in iShares 0-5 Year High Yield Corporate Bond ETF by 116.6% in the fourth quarter. Parallel Advisors LLC now owns 1,830 shares of the company’s stock valued at $77,000 after purchasing an additional 985 shares during the period.

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

NYSEARCA SHYG opened at $43.18 on Wednesday. The stock has a fifty day simple moving average of $42.70 and a 200-day simple moving average of $42.36. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $40.15 and a twelve month high of $43.23.

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.