Nomura Asset Management Co. Ltd. trimmed its holdings in iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) by 56.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,114 shares of the exchange traded fund’s stock after selling 21,200 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $1,430,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Coldstream Capital Management Inc. grew its stake in 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 valued at $549,000 after acquiring an additional 26 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 0.6% during the 2nd quarter. Parallel Advisors LLC now owns 10,112 shares of the exchange traded fund’s stock worth $899,000 after purchasing an additional 65 shares during the last quarter. Wayne Hummer Investments L.L.C. boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 1.0% during 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 purchasing an additional 85 shares during the last quarter. HM Payson & Co. boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 1.3% during the 2nd quarter. HM Payson & Co. now owns 9,408 shares of the exchange traded fund’s stock worth $832,000 after purchasing an additional 125 shares during the last quarter. Finally, Kalos Management Inc. boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 3.8% during the 2nd quarter. Kalos Management Inc. now owns 3,566 shares of the exchange traded fund’s stock worth $315,000 after purchasing an additional 132 shares during the last quarter.

iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) traded up $0.01 during trading on Friday, hitting $87.21. 14,223,851 shares of the company’s stock traded hands, compared to its average volume of 10,925,695. iShares iBoxx $ High Yid Corp Bond has a one year low of $85.99 and a one year high of $89.04.

The company also recently declared a monthly dividend, which was paid on Thursday, December 7th. Shareholders of record on Monday, December 4th were paid a dividend of $0.3723 per share. This is a boost from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37. This represents a $4.47 annualized dividend and a dividend yield of 5.12%. The ex-dividend date of this dividend was Friday, December 1st. iShares iBoxx $ High Yid Corp Bond’s dividend payout ratio (DPR) is currently 105.26%.

ILLEGAL ACTIVITY NOTICE: This report was posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this report on another site, it was copied illegally and reposted in violation of international trademark and copyright law. The correct version of this report can be read at https://theolympiareport.com/2017/12/16/ishares-iboxx-high-yid-corp-bond-hyg-shares-sold-by-nomura-asset-management-co-ltd.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.

Want to see what other hedge funds are holding HYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG).

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 Analyst Ratings Network's FREE daily email newsletter.