iShares iBoxx $ High Yield Corporate Bond ETF (HYG) Stake Decreased by IFG Advisory LLC

IFG Advisory LLC decreased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 23.4% in the first quarter, HoldingsChannel reports. The firm owned 5,771 shares of the exchange traded fund’s stock after selling 1,767 shares during the period. IFG Advisory LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $629,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Harvest Group Wealth Management LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth about $29,000. We Are One Seven LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth about $33,000. Country Trust Bank lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 47.7% during the 4th quarter. Country Trust Bank now owns 424 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 137 shares during the period. Pinnacle Bank acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter worth about $34,000. Finally, Ellis Investment Partners LLC acquired a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 1st quarter worth about $37,000.

Shares of HYG opened at $85.77 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $79.55 and a one year high of $87.04.

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

WARNING: “iShares iBoxx $ High Yield Corporate Bond ETF (HYG) Stake Decreased by IFG Advisory LLC” was posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this news story can be viewed at https://www.thelincolnianonline.com/2019/05/24/ishares-iboxx-high-yield-corporate-bond-etf-hyg-stake-decreased-by-ifg-advisory-llc.html.

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.

See Also: Oversold

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)

Receive News & Ratings for iShares iBoxx $ High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.