iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Shares Sold by Amarillo National Bank

Amarillo National Bank trimmed its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 0.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 175,810 shares of the exchange traded fund’s stock after selling 806 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF comprises 2.6% of Amarillo National Bank’s investment portfolio, making the stock its 12th biggest holding. Amarillo National Bank owned approximately 0.09% of iShares iBoxx $ High Yield Corporate Bond ETF worth $13,666,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Wetzel Investment Advisors Inc. purchased a new position in iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth $26,000. Able Wealth Management LLC purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter valued at about $39,000. GoalVest Advisory LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter valued at about $39,000. American National Bank boosted its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 13,150.0% during the fourth quarter. American National Bank now owns 530 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 526 shares in the last quarter. Finally, Tidemark LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the fourth quarter worth about $44,000.

iShares iBoxx $ High Yield Corporate Bond ETF Price Performance

iShares iBoxx $ High Yield Corporate Bond ETF stock traded up $0.23 during mid-day trading on Thursday, reaching $77.16. The company had a trading volume of 21,952,973 shares, compared to its average volume of 36,795,691. The stock’s 50-day simple moving average is $77.04 and its 200-day simple moving average is $77.11. The company has a market capitalization of $14.72 billion, a P/E ratio of 9.60 and a beta of 0.36. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $71.68 and a 1 year high of $78.08.

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.