Counterpoint Mutual Funds 13F: Exits HYG Stake

Counterpoint Mutual Funds has sold out of its position in the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), according to its latest 13F filing with the SEC on October 16, 2026. The fund cut its holdings by 1,053,347 shares, bringing its total to zero shares. This move reflects a complete exit from the investment, which previously held a sizable stake.

What Changed in Counterpoint Mutual Funds' HYG Position

The cut in position is significant, as Counterpoint Mutual Funds had held 1,053,347 shares before this sale. Since the fund has exited its position entirely, there is no longer any investment in the ETF. The decision to sell may indicate a shift in strategy or market outlook for high-yield corporate bonds.

Other Institutional Activity in HYG

Counterpoint Mutual Funds' action stands out as a notable change in the landscape of holders for this ETF.

iShares iBoxx $ High Yield Corporate Bond ETF Stock Down 0.4%

As of October 16, 2026, HYG was trading at about $76.83, which is below both its 50-day moving average of $78.60 and its 200-day average of $79.73. The ETF is currently 5.5% below its 52-week high of $81.33 and 0.6% above its 52-week low of $76.39, indicating that the price is under pressure in a challenging market environment.

Recent Earnings

There is no recent earnings data available for HYG, so we cannot provide any insights into its financial performance at this time.

Analysts Set New Price Targets

No analysts have issued new price targets or ratings for HYG in the recent period, leaving the consensus unchanged at this time.

About iShares iBoxx $ High Yield Corporate Bond ETF

The iShares iBoxx $ High Yield Corporate Bond ETF is designed to track the performance of U.S. dollar-denominated high-yield corporate bonds. The fund typically invests at least 80% of its assets in securities that make up its underlying index, focusing on fixed income securities that aim to provide attractive yields despite the associated risks. The recent moves by institutional investors like Counterpoint Mutual Funds reflect the cautious sentiment around high-yield bonds in the current market.

Bottom Line

The complete exit from HYG by Counterpoint Mutual Funds represents a substantial shift in its investment approach. Investors should watch for any updates from other institutional holders and potential changes in market dynamics. Keep in mind that 13F filings reflect holdings as of the reporting period and may not represent current positions.