CIBC Asset Management Inc Has $27.83 Million Holdings in iShares iBoxx $ High Yid Corp Bond (HYG)

CIBC Asset Management Inc raised its stake in iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) by 27.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 313,508 shares of the exchange traded fund’s stock after buying an additional 68,104 shares during the period. CIBC Asset Management Inc owned about 0.14% of iShares iBoxx $ High Yid Corp Bond worth $27,827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HYG. BTS Asset Management Inc. boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 24.6% during the 2nd quarter. BTS Asset Management Inc. now owns 4,205,596 shares of the exchange traded fund’s stock valued at $371,721,000 after purchasing an additional 828,964 shares in the last quarter. TIAA FSB boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 5.2% during the 3rd quarter. TIAA FSB now owns 3,165,724 shares of the exchange traded fund’s stock valued at $280,990,000 after purchasing an additional 156,189 shares in the last quarter. Employees Retirement System of Texas boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 7.4% during the 2nd quarter. Employees Retirement System of Texas now owns 2,900,000 shares of the exchange traded fund’s stock valued at $256,331,000 after purchasing an additional 200,000 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 8,161.3% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 2,588,837 shares of the exchange traded fund’s stock valued at $219,274,000 after purchasing an additional 2,557,500 shares in the last quarter. Finally, Global Financial Private Capital LLC boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 4.6% during the 2nd quarter. Global Financial Private Capital LLC now owns 1,694,261 shares of the exchange traded fund’s stock valued at $149,756,000 after purchasing an additional 75,000 shares in the last quarter.

Shares of iShares iBoxx $ High Yid Corp Bond (HYG) traded down $0.20 during trading on Tuesday, hitting $86.85. The company had a trading volume of 1,770,686 shares. iShares iBoxx $ High Yid Corp Bond has a 52 week low of $83.24 and a 52 week high of $89.04.

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were issued a dividend of $0.3656 per share. The ex-dividend date was Wednesday, November 1st. This is a positive change from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37. This represents a $4.39 dividend on an annualized basis and a dividend yield of 5.05%.

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About iShares iBoxx $ High Yid Corp Bond

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.

Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yid Corp Bond (NYSE:HYG).

Institutional Ownership by Quarter for iShares iBoxx $ High Yid Corp Bond (NYSE:HYG)

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