Creative Financial Designs Inc. ADV Reduces Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Creative Financial Designs Inc. ADV reduced its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 74.8% in the 3rd quarter, Holdings Channel reports. The firm owned 20,762 shares of the company’s stock after selling 61,519 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares 0-5 Year High Yield Corporate Bond ETF were worth $901,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. lifted its stake in 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 valued at $72,000 after buying an additional 409 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in iShares 0-5 Year High Yield Corporate Bond ETF in the 1st quarter valued at $116,000. Farther Finance Advisors LLC boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 31.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 20,377 shares of the company’s stock worth $855,000 after purchasing an additional 4,883 shares during the period. SouthState Corp acquired a new stake in iShares 0-5 Year High Yield Corporate Bond ETF during the 2nd quarter worth $114,000. Finally, Ninety One UK Ltd grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 77.2% during the 2nd quarter. Ninety One UK Ltd now owns 347,630 shares of the company’s stock worth $14,670,000 after purchasing an additional 151,430 shares during the last quarter.

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

Shares of NYSEARCA:SHYG opened at $42.71 on Friday. iShares 0-5 Year High Yield Corporate Bond ETF has a one year low of $40.72 and a one year high of $43.45. The company has a 50-day simple moving average of $43.07 and a 200-day simple moving average of $42.55.

iShares 0-5 Year High Yield Corporate Bond ETF Company Profile

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.