Traders sold shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) on strength during trading hours on Thursday. $315.94 million flowed into the stock on the tick-up and $703.81 million flowed out of the stock on the tick-down, for a money net flow of $387.87 million out of the stock. Of all companies tracked, iShares iBoxx $ High Yield Corporate Bond ETF had the 0th highest net out-flow for the day. iShares iBoxx $ High Yield Corporate Bond ETF traded up $0.07 for the day and closed at $84.70

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were issued a dividend of $0.3891 per share. This is a boost from iShares iBoxx $ High Yield Corporate Bond ETF’s previous monthly dividend of $0.37. The ex-dividend date was Monday, October 1st. This represents a $4.67 annualized dividend and a dividend yield of 5.48%.

Hedge funds have recently bought and sold shares of the company. Shamrock Asset Management LLC boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 93.0% during the second quarter. Shamrock Asset Management LLC now owns 1,471 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 709 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter worth $162,000. Opera Trading Capital acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter worth $188,000. J. L. Bainbridge & Co. Inc. acquired a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter worth $210,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 147.2% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 2,225 shares of the exchange traded fund’s stock worth $212,000 after purchasing an additional 1,325 shares during the last quarter.

About iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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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