Investors Sell Shares of iShares iBoxx $ High Yid Corp Bond (HYG) on Strength (HYG)

Traders sold shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) on strength during trading on Friday. $178.90 million flowed into the stock on the tick-up and $583.00 million flowed out of the stock on the tick-down, for a money net flow of $404.10 million out of the stock. Of all stocks tracked, iShares iBoxx $ High Yid Corp Bond had the 0th highest net out-flow for the day. iShares iBoxx $ High Yid Corp Bond traded up $0.19 for the day and closed at $87.11

The company also recently announced a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were issued a dividend of $0.3656 per share. This represents a $4.39 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date of this dividend was Wednesday, November 1st. This is a boost from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37.

Hedge funds have recently added to or reduced their stakes in the business. Alken Asset Management Ltd. bought a new position in iShares iBoxx $ High Yid Corp Bond during the 2nd quarter worth about $126,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares iBoxx $ High Yid Corp Bond during the 3rd quarter worth about $135,000. Capital Advisors Ltd. LLC increased its holdings in iShares iBoxx $ High Yid Corp Bond by 5.2% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,727 shares of the exchange traded fund’s stock worth $153,000 after purchasing an additional 85 shares in the last quarter. Forward Management LLC bought a new position in iShares iBoxx $ High Yid Corp Bond during the 2nd quarter worth about $191,000. Finally, Tower Research Capital LLC TRC increased its holdings in iShares iBoxx $ High Yid Corp Bond by 239.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,167 shares of the exchange traded fund’s stock worth $192,000 after purchasing an additional 1,529 shares in the last quarter.

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iShares iBoxx $ High Yid Corp Bond Company Profile

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.

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