Naples Global Advisors LLC Grows Position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Naples Global Advisors LLC increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 9.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,049 shares of the company’s stock after purchasing an additional 1,830 shares during the period. Naples Global Advisors LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $983,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Next Capital Management LLC acquired a new position in iShares 0-5 Year High Yield Corporate Bond ETF during the fourth quarter worth about $27,000. Lowe Wealth Advisors LLC grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 100.0% in the first quarter. Lowe Wealth Advisors LLC now owns 950 shares of the company’s stock valued at $44,000 after purchasing an additional 475 shares during the last quarter. Vigilant Capital Management LLC acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the first quarter valued at approximately $70,000. Quad Cities Investment Group LLC grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 51.2% in the fourth quarter. Quad Cities Investment Group LLC now owns 2,509 shares of the company’s stock valued at $112,000 after purchasing an additional 850 shares during the last quarter. Finally, Meeder Asset Management Inc. grew its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 646.6% in the first quarter. Meeder Asset Management Inc. now owns 2,658 shares of the company’s stock valued at $124,000 after purchasing an additional 2,302 shares during the last quarter.

Shares of SHYG stock traded up $0.02 during trading hours on Wednesday, hitting $46.51. The company’s stock had a trading volume of 295,400 shares, compared to its average volume of 703,949. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $43.84 and a twelve month high of $47.09.

The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a dividend of $0.2011 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $2.41 dividend on an annualized basis and a yield of 5.19%.

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Institutional Ownership by Quarter for iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

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