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Rockland Trust Co. increased its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 141.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,680 shares of the exchange traded fund’s stock after acquiring an additional 3,915 shares during the period. Rockland Trust Co.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $542,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 3rd quarter worth about $88,949,000. Price Capital Management Inc. purchased a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter valued at about $74,407,000. United Services Automobile Association increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 78.7% in the 2nd quarter. United Services Automobile Association now owns 1,498,317 shares of the exchange traded fund’s stock valued at $127,477,000 after acquiring an additional 659,844 shares during the last quarter. Assetmark Inc. increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 10.4% in the 3rd quarter. Assetmark Inc. now owns 3,426,504 shares of the exchange traded fund’s stock valued at $296,187,000 after acquiring an additional 323,971 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 34.3% in the 3rd quarter. SG Americas Securities LLC now owns 1,160,329 shares of the exchange traded fund’s stock valued at $100,299,000 after acquiring an additional 296,623 shares during the last quarter.
HYG opened at $84.68 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $79.55 and a one year high of $86.68.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, February 7th. Stockholders of record on Monday, February 4th will be issued a $0.3886 dividend. The ex-dividend date of this dividend is Friday, February 1st. This represents a $4.66 dividend on an annualized basis and a dividend yield of 5.51%.
WARNING: “iShares iBoxx $ High Yield Corporate Bond ETF (HYG) Stake Increased by Rockland Trust Co.” was originally reported by Fairfield Current and is owned by of Fairfield Current. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.fairfieldcurrent.com/news/2019/02/02/rockland-trust-co-purchases-3915-shares-of-ishares-iboxx-high-yield-corporate-bond-etf-hyg.html.
iShares iBoxx $ High Yield Corporate Bond ETF 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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