IPG Investment Advisors LLC boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 16.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,175 shares of the exchange traded fund’s stock after purchasing an additional 600 shares during the period. IPG Investment Advisors LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $355,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. SG Americas Securities LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 69.6% during the second quarter. SG Americas Securities LLC now owns 863,706 shares of the exchange traded fund’s stock worth $73,484,000 after purchasing an additional 354,544 shares during the period. FTB Advisors Inc. lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 7.1% during the second quarter. FTB Advisors Inc. now owns 86,316 shares of the exchange traded fund’s stock worth $7,343,000 after purchasing an additional 5,696 shares during the period. Toronto Dominion Bank lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 174.7% during the second quarter. Toronto Dominion Bank now owns 214,900 shares of the exchange traded fund’s stock worth $18,590,000 after purchasing an additional 136,679 shares during the period. Fieldpoint Private Securities LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 1,085.9% during the second quarter. Fieldpoint Private Securities LLC now owns 17,255 shares of the exchange traded fund’s stock worth $1,468,000 after purchasing an additional 15,800 shares during the period. Finally, HL Financial Services LLC lifted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 93.1% during the second quarter. HL Financial Services LLC now owns 71,423 shares of the exchange traded fund’s stock worth $6,077,000 after purchasing an additional 34,442 shares during the period.

NYSEARCA:HYG opened at $85.94 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a 1 year low of $84.07 and a 1 year high of $88.76.

The company also recently announced a monthly dividend, which was paid on Tuesday, August 7th. Stockholders of record on Thursday, August 2nd were paid a $0.3668 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date of this dividend was Wednesday, August 1st.

iShares iBoxx $ High Yield Corporate Bond ETF 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.

Further Reading: Diversification

Institutional Ownership by Quarter for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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