BNP Paribas Has $226.50 Million Holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

BNP Paribas lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 2,083.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,820,701 shares of the exchange traded fund’s stock after acquiring an additional 2,691,493 shares during the quarter. iShares iBoxx $ High Yield Corporate Bond ETF accounts for 9.4% of BNP Paribas’ portfolio, making the stock its largest holding. BNP Paribas owned 1.48% of iShares iBoxx $ High Yield Corporate Bond ETF worth $226,502,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Metropolitan Life Insurance Co NY boosted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 50.1% during the 3rd quarter. Metropolitan Life Insurance Co NY now owns 75,273 shares of the exchange traded fund’s stock worth $6,044,000 after acquiring an additional 25,108 shares in the last quarter. Private Trust Co. NA lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 16.4% in the third quarter. Private Trust Co. NA now owns 5,503 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 775 shares during the period. Loomis Sayles & Co. L P boosted its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2,933.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 3,903,830 shares of the exchange traded fund’s stock valued at $313,478,000 after acquiring an additional 3,775,150 shares in the last quarter. Icon Wealth Advisors LLC grew its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 419.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 10,899 shares of the exchange traded fund’s stock valued at $875,000 after purchasing an additional 8,801 shares during the period. Finally, Eagle Asset Management Inc. acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter worth $10,139,000.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.2 %

iShares iBoxx $ High Yield Corporate Bond ETF stock opened at $79.64 on Wednesday. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $74.93 and a 12-month high of $80.37. The stock has a market cap of $15.20 billion, a price-to-earnings ratio of 9.60 and a beta of 0.36. The business’s 50-day simple moving average is $79.59 and its 200 day simple moving average is $78.51.

iShares iBoxx $ High Yield Corporate Bond ETF Company Profile

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.