SouthState Corp increased its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) by 114.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 5,795 shares of the company’s stock after purchasing an additional 3,099 shares during the quarter. SouthState Corp’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $252,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. Fortitude Family Office LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter valued at approximately $37,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the second quarter worth about $39,000. Richardson Capital Management LLC boosted its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 43.5% in the third quarter. Richardson Capital Management LLC now owns 1,540 shares of the company’s stock worth $67,000 after purchasing an additional 467 shares during the period. First Horizon Advisors Inc. boosted its holdings in iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock worth $72,000 after buying an additional 409 shares during the period. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF during the third quarter worth about $105,000.
iShares 0-5 Year High Yield Corporate Bond ETF Trading Up 0.2 %
Shares of SHYG stock opened at $43.09 on Wednesday. The company’s fifty day simple moving average is $43.09 and its two-hundred day simple moving average is $42.64. iShares 0-5 Year High Yield Corporate Bond ETF has a 52 week low of $41.33 and a 52 week high of $43.45.
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.
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Want to see what other hedge funds are holding SHYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report).
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