iShares iBoxx $ High Yid Corp Bond (HYG) Shares Bought by BTS Asset Management Inc.

BTS Asset Management Inc. raised its holdings in iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) by 11.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,696,279 shares of the exchange traded fund’s stock after buying an additional 490,683 shares during the period. iShares iBoxx $ High Yid Corp Bond comprises approximately 43.7% of BTS Asset Management Inc.’s investment portfolio, making the stock its biggest holding. BTS Asset Management Inc. owned approximately 2.13% of iShares iBoxx $ High Yid Corp Bond worth $414,931,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in HYG. Adventist Health System Sunbelt Healthcare Corp acquired a new stake in shares of iShares iBoxx $ High Yid Corp Bond in the 2nd quarter valued at $51,061,000. Scottrade Investment Management boosted its holdings in shares of iShares iBoxx $ High Yid Corp Bond by 10.1% during the 3rd quarter. Scottrade Investment Management now owns 1,439,362 shares of the exchange traded fund’s stock valued at $127,758,000 after acquiring an additional 131,700 shares in the last quarter. Navellier & Associates Inc boosted its holdings in shares of iShares iBoxx $ High Yid Corp Bond by 13.1% during the 2nd quarter. Navellier & Associates Inc now owns 5,597 shares of the exchange traded fund’s stock valued at $495,000 after acquiring an additional 649 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. boosted its holdings in shares of iShares iBoxx $ High Yid Corp Bond by 243.6% during the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 395,119 shares of the exchange traded fund’s stock valued at $34,825,000 after acquiring an additional 280,119 shares in the last quarter. Finally, IFC Holdings Incorporated FL boosted its holdings in shares of iShares iBoxx $ High Yid Corp Bond by 15.0% during the 3rd quarter. IFC Holdings Incorporated FL now owns 229,752 shares of the exchange traded fund’s stock valued at $20,396,000 after acquiring an additional 30,044 shares in the last quarter.

Shares of iShares iBoxx $ High Yid Corp Bond (HYG) traded down $0.05 during trading hours on Wednesday, reaching $87.30. The company had a trading volume of 9,347,600 shares, compared to its average volume of 10,915,084. iShares iBoxx $ High Yid Corp Bond has a twelve month low of $85.65 and a twelve month high of $89.04.

The company also recently announced a monthly dividend, which will be paid on Thursday, December 7th. Investors of record on Monday, December 4th will be given a $0.3723 dividend. This represents a $4.47 dividend on an annualized basis and a yield of 5.12%. This is a positive change from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37. The ex-dividend date of this dividend is Friday, December 1st. iShares iBoxx $ High Yid Corp Bond’s payout ratio is presently 105.26%.

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iShares iBoxx $ High Yid Corp Bond 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.

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

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