ARK & TLK Investments LLC Purchases New Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

ARK & TLK Investments LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,928 shares of the company’s stock, valued at approximately $292,000.

A number of other hedge funds have also recently added to or reduced their stakes in SHYG. SVB Wealth LLC grew its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 1.1% during the 4th quarter. SVB Wealth LLC now owns 82,901 shares of the company’s stock worth $3,500,000 after purchasing an additional 862 shares in the last quarter. SouthState Corp acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the fourth quarter worth about $42,000. Parallel Advisors LLC increased its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 116.6% in the 4th quarter. Parallel Advisors LLC now owns 1,830 shares of the company’s stock valued at $77,000 after buying an additional 985 shares during the period. S. R. Schill & Associates raised its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.5% in the 4th quarter. S. R. Schill & Associates now owns 53,580 shares of the company’s stock valued at $2,262,000 after buying an additional 1,300 shares in the last quarter. Finally, Headinvest LLC bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the 3rd quarter worth approximately $60,000.

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

NYSEARCA:SHYG traded down $0.12 during mid-day trading on Friday, reaching $42.10. The stock had a trading volume of 597,951 shares, compared to its average volume of 1,401,428. iShares 0-5 Year High Yield Corporate Bond ETF has a 12 month low of $40.15 and a 12 month high of $42.67. The stock has a 50-day simple moving average of $42.08 and a two-hundred day simple moving average of $42.18.

About iShares 0-5 Year High Yield Corporate Bond ETF

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.