Cambridge Investment Research Advisors Inc. cut its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 68.2% in the first quarter, HoldingsChannel reports. The firm owned 105,047 shares of the exchange traded fund’s stock after selling 225,259 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $9,083,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 8.2% during the 1st quarter. US Bancorp DE now owns 454,058 shares of the exchange traded fund’s stock worth $39,263,000 after purchasing an additional 34,329 shares in the last quarter. Midwest Professional Planners LTD. raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 526.9% during the 1st quarter. Midwest Professional Planners LTD. now owns 26,705 shares of the exchange traded fund’s stock worth $2,309,000 after purchasing an additional 22,445 shares in the last quarter. NBT Bank N A NY raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 149.1% during the 1st quarter. NBT Bank N A NY now owns 14,160 shares of the exchange traded fund’s stock worth $1,224,000 after purchasing an additional 8,475 shares in the last quarter. Harvest Group Wealth Management LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth about $29,000. Finally, Toronto Dominion Bank purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth about $270,738,000.

HYG opened at $85.77 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $79.55 and a fifty-two week high of $87.04.

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.3664 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date was Wednesday, May 1st.

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iShares iBoxx $ High Yield Corporate Bond ETF Company 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.

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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 Yield Corporate Bond ETF (NYSEARCA:HYG).

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

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