Investors Sell 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 Monday. $28.30 million flowed into the stock on the tick-up and $62.17 million flowed out of the stock on the tick-down, for a money net flow of $33.87 million out of the stock. Of all companies 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 $0.01 for the day and closed at $88.41

The firm’s 50 day moving average price is $88.32 and its 200 day moving average price is $88.12.

The company also recently announced a monthly dividend, which was paid on Friday, October 6th. Investors of record on Tuesday, October 3rd were given a $0.365 dividend. This represents a $4.38 annualized dividend and a dividend yield of 4.95%. The ex-dividend date was Monday, October 2nd.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Berkeley Capital Partners LLC raised its position in shares of iShares iBoxx $ High Yid Corp Bond by 0.5% in the 2nd quarter. Berkeley Capital Partners LLC now owns 5,385 shares of the exchange traded fund’s stock worth $476,000 after buying an additional 25 shares during the period. Coldstream Capital Management Inc. raised its position in shares of iShares iBoxx $ High Yid Corp Bond by 0.4% in the 2nd quarter. Coldstream Capital Management Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $549,000 after buying an additional 26 shares during the period. Parallel Advisors LLC raised its position in shares of iShares iBoxx $ High Yid Corp Bond by 0.6% in the 2nd quarter. Parallel Advisors LLC now owns 10,112 shares of the exchange traded fund’s stock worth $899,000 after buying an additional 65 shares during the period. Capital Advisors Ltd. LLC raised its position in shares of iShares iBoxx $ High Yid Corp Bond by 5.2% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,727 shares of the exchange traded fund’s stock worth $153,000 after buying an additional 85 shares during the period. Finally, Wayne Hummer Investments L.L.C. raised its position in shares of iShares iBoxx $ High Yid Corp Bond by 1.0% in the 2nd quarter. Wayne Hummer Investments L.L.C. now owns 8,300 shares of the exchange traded fund’s stock worth $734,000 after buying an additional 85 shares during the period.

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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.

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