Kiely Wealth Advisory Group Inc. Has $7.85 Million Stock Holdings in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG)

Kiely Wealth Advisory Group Inc. boosted its position in iShares 0-5 Year High Yield Corporate Bond ETF (NYSEARCA:SHYG) by 14.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 182,476 shares of the company’s stock after acquiring an additional 23,153 shares during the quarter. iShares 0-5 Year High Yield Corporate Bond ETF accounts for approximately 5.0% of Kiely Wealth Advisory Group Inc.’s portfolio, making the stock its 5th largest holding. Kiely Wealth Advisory Group Inc. owned about 0.13% of iShares 0-5 Year High Yield Corporate Bond ETF worth $7,850,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Hunter Associates Investment Management LLC increased its position in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 3.8% during the 4th quarter. Hunter Associates Investment Management LLC now owns 7,531 shares of the company’s stock valued at $320,000 after purchasing an additional 273 shares during the last quarter. Richardson Capital Management LLC boosted its stake in iShares 0-5 Year High Yield Corporate Bond ETF by 27.9% in the fourth quarter. Richardson Capital Management LLC now owns 1,969 shares of the company’s stock worth $84,000 after buying an additional 429 shares in the last quarter. One Capital Management LLC grew its position in iShares 0-5 Year High Yield Corporate Bond ETF by 0.8% during the fourth quarter. One Capital Management LLC now owns 85,561 shares of the company’s stock valued at $3,646,000 after acquiring an additional 645 shares during the last quarter. SouthState Corp raised its stake in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 15.7% during the fourth quarter. SouthState Corp now owns 6,705 shares of the company’s stock worth $286,000 after acquiring an additional 910 shares in the last quarter. Finally, HCR Wealth Advisors lifted its holdings in shares of iShares 0-5 Year High Yield Corporate Bond ETF by 2.0% in the 4th quarter. HCR Wealth Advisors now owns 51,008 shares of the company’s stock worth $2,173,000 after acquiring an additional 1,000 shares during the last quarter.

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

Shares of iShares 0-5 Year High Yield Corporate Bond ETF stock opened at $42.34 on Wednesday. The stock has a market capitalization of $6.43 billion, a price-to-earnings ratio of 10.83 and a beta of 0.36. The company has a fifty day moving average of $42.92 and a 200-day moving average of $42.97. iShares 0-5 Year High Yield Corporate Bond ETF has a 52-week low of $41.60 and a 52-week high of $43.45.

iShares 0-5 Year High Yield Corporate Bond ETF 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.