Patriot Wealth Management Inc. Purchases Shares of 2,515 iShares iBoxx $ High Yid Corp Bond (HYG)

Patriot Wealth Management Inc. purchased a new stake in shares of iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,515 shares of the exchange traded fund’s stock, valued at approximately $219,000.

Other hedge funds have also modified their holdings of the company. Alken Asset Management Ltd. purchased a new position in shares of iShares iBoxx $ High Yid Corp Bond during the second quarter valued at $126,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares iBoxx $ High Yid Corp Bond during the third quarter valued at $135,000. Wealthcare Advisory Partners LLC purchased a new position in shares of iShares iBoxx $ High Yid Corp Bond during the third quarter valued at $163,000. Tower Research Capital LLC TRC grew its holdings in shares of iShares iBoxx $ High Yid Corp Bond by 239.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,167 shares of the exchange traded fund’s stock valued at $192,000 after buying an additional 1,529 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of iShares iBoxx $ High Yid Corp Bond during the third quarter valued at $201,000.

iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) opened at $87.44 on Thursday. iShares iBoxx $ High Yid Corp Bond has a 52 week low of $85.99 and a 52 week high of $89.04. The company has a market capitalization of $18,180.00 and a PE ratio of 20.92.

The company also recently announced a monthly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were paid a $0.3608 dividend. The ex-dividend date of this dividend was Thursday, December 21st. This represents a $4.33 dividend on an annualized basis and a yield of 4.95%. iShares iBoxx $ High Yid Corp Bond’s dividend payout ratio (DPR) is currently 106.94%.

WARNING: This news story was posted by Markets Daily and is the property of of Markets Daily. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.themarketsdaily.com/2018/01/11/patriot-wealth-management-inc-purchases-shares-of-2515-ishares-iboxx-high-yid-corp-bond-hyg.html.

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.

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

Receive News & Ratings for iShares iBoxx $ High Yid Corp Bond Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ High Yid Corp Bond and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply