Janney Montgomery Scott LLC Trims Stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Janney Montgomery Scott LLC lessened its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 13.0% in the first quarter, HoldingsChannel reports. The institutional investor owned 187,370 shares of the exchange traded fund’s stock after selling 27,946 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $16,335,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. OLD Mission Capital LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth about $8,529,000. Creative Financial Designs Inc. ADV boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 295.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 708 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 529 shares in the last quarter. CX Institutional boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 5.9% in the fourth quarter. CX Institutional now owns 80,271 shares of the exchange traded fund’s stock valued at $7,007,000 after acquiring an additional 4,489 shares in the last quarter. Sowell Financial Services LLC boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 7.6% in the fourth quarter. Sowell Financial Services LLC now owns 140,758 shares of the exchange traded fund’s stock valued at $12,288,000 after acquiring an additional 9,952 shares in the last quarter. Finally, Norway Savings Bank boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 2.3% in the fourth quarter. Norway Savings Bank now owns 30,971 shares of the exchange traded fund’s stock valued at $2,704,000 after acquiring an additional 698 shares in the last quarter.

NYSEARCA:HYG opened at $87.18 on Tuesday. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $77.98 and a 12 month high of $87.79. The firm has a fifty day simple moving average of $86.98 and a 200-day simple moving average of $86.59.

About iShares iBoxx $ High Yield Corporate Bond ETF

iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.

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Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG).

Institutional Ownership by Quarter for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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