First Horizon Advisors Inc. Has $184,000 Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

First Horizon Advisors Inc. grew its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 100.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,318 shares of the company’s stock after purchasing an additional 2,163 shares during the period. First Horizon Advisors Inc.’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $184,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in SHYG. Hunter Associates Investment Management LLC lifted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 3.8% during the 4th quarter. Hunter Associates Investment Management LLC now owns 7,531 shares of the company’s stock valued at $320,000 after purchasing an additional 273 shares during the last quarter. Richardson Capital Management LLC raised its stake in shares of 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 valued at $67,000 after acquiring an additional 467 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its holdings in shares of 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 worth $1,144,000 after acquiring an additional 499 shares in the last quarter. Fortitude Family Office LLC bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth approximately $37,000. Finally, HCR Wealth Advisors increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 2.0% during the 4th quarter. HCR Wealth Advisors now owns 51,008 shares of the company’s stock valued at $2,173,000 after purchasing an additional 1,000 shares in the last quarter.

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

Shares of SHYG opened at $43.19 on Wednesday. The company has a market cap of $6.60 billion, a price-to-earnings ratio of 16.44 and a beta of 0.35. The stock has a fifty day moving average price of $42.90 and a two-hundred day moving average price of $42.98. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $41.60 and a 52-week high of $43.45.

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.