Mount Lucas Management LP Acquires 1,473 Shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Mount Lucas Management LP grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 3.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 42,985 shares of the company’s stock after purchasing an additional 1,473 shares during the quarter. Mount Lucas Management LP’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $1,832,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SHYG. MassMutual Private Wealth & Trust FSB increased its position in iShares 0-5 Year High Yield Corporate Bond ETF by 3,469.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,392 shares of the company’s stock valued at $59,000 after buying an additional 1,353 shares in the last quarter. 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 valued at $67,000 after acquiring an additional 467 shares during the period. First Horizon Advisors Inc. increased its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 27.0% during the third quarter. First Horizon Advisors Inc. now owns 2,155 shares of the company’s stock valued at $94,000 after acquiring an additional 458 shares in the last quarter. Princeton Global Asset Management LLC raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 101.3% during the fourth quarter. Princeton Global Asset Management LLC now owns 4,878 shares of the company’s stock worth $208,000 after purchasing an additional 2,455 shares during the period. Finally, SouthState Corp raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 114.9% during the third quarter. SouthState Corp now owns 5,795 shares of the company’s stock worth $252,000 after purchasing an additional 3,099 shares during the period.

iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.2 %

NYSEARCA SHYG opened at $42.86 on Monday. The company has a market cap of $6.54 billion, a P/E ratio of 16.44 and a beta of 0.35. The company has a fifty day simple moving average of $42.98 and a 200 day simple moving average of $43.01. iShares 0-5 Year High Yield Corporate Bond ETF has a 12-month low of $41.60 and a 12-month high of $43.45.

iShares 0-5 Year High Yield Corporate Bond ETF 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.