Traders Sell iShares iBoxx $ High Yield Corporate Bond ETF (HYG) on Strength (HYG)

Investors sold shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) on strength during trading on Monday. $66.91 million flowed into the stock on the tick-up and $106.60 million flowed out of the stock on the tick-down, for a money net flow of $39.69 million out of the stock. Of all stocks tracked, iShares iBoxx $ High Yield Corporate Bond ETF had the 19th highest net out-flow for the day. iShares iBoxx $ High Yield Corporate Bond ETF traded up $0.04 for the day and closed at $84.83

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 7th. Shareholders of record on Monday, February 4th were paid a $0.3886 dividend. The ex-dividend date was Friday, February 1st. This represents a $4.66 annualized dividend and a yield of 5.50%.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Assetmark Inc. increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 10.4% during the 3rd quarter. Assetmark Inc. now owns 3,426,504 shares of the exchange traded fund’s stock worth $296,187,000 after purchasing an additional 323,971 shares during the last quarter. TIAA FSB increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.0% during the 3rd quarter. TIAA FSB now owns 3,306,112 shares of the exchange traded fund’s stock worth $285,780,000 after purchasing an additional 95,026 shares during the last quarter. United Services Automobile Association increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 42.8% during the 3rd quarter. United Services Automobile Association now owns 2,139,711 shares of the exchange traded fund’s stock worth $184,957,000 after purchasing an additional 641,394 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 34.3% during the 3rd quarter. SG Americas Securities LLC now owns 1,160,329 shares of the exchange traded fund’s stock worth $100,299,000 after purchasing an additional 296,623 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth $88,949,000.

COPYRIGHT VIOLATION WARNING: “Traders Sell iShares iBoxx $ High Yield Corporate Bond ETF (HYG) on Strength (HYG)” was originally reported by Markets Daily and is the sole property of of Markets Daily. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://www.themarketsdaily.com/2019/02/12/traders-sell-ishares-iboxx-high-yield-corporate-bond-etf-hyg-on-strength-hyg-2.html.

About iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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.

Featured Article: What are the benefits of a balanced fund?

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

Leave a Reply