Kiely Wealth Advisory Group Inc. bought a new stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 159,323 shares of the company’s stock, valued at approximately $6,858,000. iShares 0-5 Year High Yield Corporate Bond ETF makes up about 4.3% of Kiely Wealth Advisory Group Inc.’s investment portfolio, making the stock its 6th largest position.
Several other large investors have also recently made changes to their positions in SHYG. Fortitude Family Office LLC purchased a new position in shares of iShares 0-5 Year High Yield Corporate Bond ETF in the 3rd quarter worth about $37,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter valued at about $39,000. Richardson Capital Management LLC raised its holdings in 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 buying an additional 467 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 31.8% in the second quarter. First Horizon Advisors Inc. now owns 1,697 shares of the company’s stock worth $72,000 after buying an additional 409 shares in the last quarter. 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 valued at approximately $105,000.
iShares 0-5 Year High Yield Corporate Bond ETF Price Performance
Shares of SHYG opened at $43.30 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a twelve month low of $41.42 and a twelve month high of $43.45. The firm has a 50 day moving average of $43.09 and a 200 day moving average of $42.70.
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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