Investors Buy iShares iBoxx $ High Yield Corporate Bond ETF (HYG) on Weakness

Share on StockTwits

Traders purchased shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) on weakness during trading on Friday. $259.01 million flowed into the stock on the tick-up and $183.59 million flowed out of the stock on the tick-down, for a money net flow of $75.42 million into the stock. Of all companies tracked, iShares iBoxx $ High Yield Corporate Bond ETF had the 13th highest net in-flow for the day. iShares iBoxx $ High Yield Corporate Bond ETF traded down ($0.31) for the day and closed at $85.84

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were given a $0.3818 dividend. The ex-dividend date was Friday, March 1st. This represents a $4.58 annualized dividend and a yield of 5.34%.

A number of large investors have recently made changes to their positions in the business. Assetmark Inc. boosted its position in iShares iBoxx $ High Yield Corporate Bond ETF by 10.4% in the third quarter. Assetmark Inc. now owns 3,426,504 shares of the exchange traded fund’s stock worth $296,187,000 after purchasing an additional 323,971 shares during the last quarter. United Services Automobile Association raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.7% in the fourth quarter. United Services Automobile Association now owns 2,239,826 shares of the exchange traded fund’s stock worth $181,650,000 after buying an additional 100,115 shares during the period. Flow Traders U.S. LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the third quarter worth about $88,949,000. Pactiv General Employee Benefit Trust bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the fourth quarter worth about $96,985,000. Finally, Neuberger Berman Group LLC raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 7.5% in the third quarter. Neuberger Berman Group LLC now owns 549,249 shares of the exchange traded fund’s stock worth $47,477,000 after buying an additional 38,215 shares during the period.

COPYRIGHT VIOLATION WARNING: This report was originally published by Zolmax and is the property of of Zolmax. If you are reading this report on another site, it was illegally copied and republished in violation of international copyright and trademark legislation. The correct version of this report can be read at https://zolmax.com/investing/investors-buy-ishares-iboxx-high-yield-corporate-bond-etf-hyg-on-weakness/2983478.html.

iShares iBoxx $ High Yield Corporate Bond ETF Company Profile (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.

Featured Article: Leveraged Buyout (LBO)

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.



Latest News

Analysts Expect Bank of Hawaii Co.  to Announce $1.38 Earnings Per Share
Analysts Expect Bank of Hawaii Co. to Announce $1.38 Earnings Per Share
Soarcoin 1-Day Trading Volume Tops $220.00
Soarcoin 1-Day Trading Volume Tops $220.00
Mason Graphite  Shares Up 5.6%
Mason Graphite Shares Up 5.6%
Continental Gold  Shares Up 0.7%
Continental Gold Shares Up 0.7%
Arcus Biosciences Inc  Short Interest Update
Arcus Biosciences Inc Short Interest Update
Hancock Whitney Corp  Given Average Rating of “Buy” by Analysts
Hancock Whitney Corp Given Average Rating of “Buy” by Analysts


 
© 2006-2019 Zolmax.