Chemical Bank Sells 779 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (HYG)

Chemical Bank decreased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 4.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 17,600 shares of the exchange traded fund’s stock after selling 779 shares during the quarter. Chemical Bank’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the business. NBT Bank N A NY increased its position in 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 buying an additional 8,475 shares during the period. Harvest Group Wealth Management LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter worth $29,000. Toronto Dominion Bank bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the first quarter worth $270,738,000. Interactive Financial Advisors increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 874.9% in the first quarter. Interactive Financial Advisors now owns 2,018 shares of the exchange traded fund’s stock worth $174,000 after purchasing an additional 1,811 shares during the period. Finally, Alley Co LLC increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 3.1% in the first quarter. Alley Co LLC now owns 76,691 shares of the exchange traded fund’s stock worth $6,631,000 after purchasing an additional 2,321 shares during the period.

Shares of NYSEARCA HYG traded down $0.12 during mid-day trading on Wednesday, reaching $85.51. The company had a trading volume of 629,561 shares, compared to its average volume of 20,975,354. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $79.55 and a one year high of $87.04.

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a $0.3664 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date of this dividend was Wednesday, May 1st.

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About iShares iBoxx $ High Yield Corporate Bond ETF

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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