iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) Stake Lifted by Park Avenue Securities LLC

Park Avenue Securities LLC lifted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 14.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,447 shares of the company’s stock after purchasing an additional 2,365 shares during the period. Park Avenue Securities LLC’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Patriot Investment Management Inc. bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter worth about $472,000. Ballast Inc. grew its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 64.8% in the 1st quarter. Ballast Inc. now owns 50,656 shares of the company’s stock valued at $2,366,000 after buying an additional 19,917 shares during the period. SeaBridge Investment Advisors LLC grew its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1.0% in the 1st quarter. SeaBridge Investment Advisors LLC now owns 66,560 shares of the company’s stock valued at $3,109,000 after buying an additional 660 shares during the period. SG Americas Securities LLC acquired a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter valued at about $143,000. Finally, Naples Global Advisors LLC grew its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 9.5% in the 1st quarter. Naples Global Advisors LLC now owns 21,049 shares of the company’s stock valued at $983,000 after buying an additional 1,830 shares during the period.

SHYG stock traded down $0.11 during mid-day trading on Wednesday, reaching $46.17. 30,974 shares of the company traded hands, compared to its average volume of 703,949. iShares 0-5 Year High Yield Corporate Bond ETF has a fifty-two week low of $43.84 and a fifty-two week high of $47.09.

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a dividend of $0.2011 per share. The ex-dividend date was Wednesday, May 1st. This represents a $2.41 dividend on an annualized basis and a yield of 5.23%.

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

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