Alley Co LLC Has $5.38 Million Stake in iShares iBoxx $ High Yid Corp Bond (NYSE:HYG)

Alley Co LLC boosted its stake in iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,880 shares of the exchange traded fund’s stock after buying an additional 649 shares during the period. iShares iBoxx $ High Yid Corp Bond makes up approximately 2.0% of Alley Co LLC’s portfolio, making the stock its 17th largest position. Alley Co LLC’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $5,381,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in HYG. Cullen Frost Bankers Inc. increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 2.5% in the second quarter. Cullen Frost Bankers Inc. now owns 17,216 shares of the exchange traded fund’s stock worth $1,522,000 after buying an additional 426 shares in the last quarter. Summit Rock Advisors LP increased its position in iShares iBoxx $ High Yid Corp Bond by 114.1% in the second quarter. Summit Rock Advisors LP now owns 136,617 shares of the exchange traded fund’s stock worth $12,076,000 after buying an additional 72,816 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in iShares iBoxx $ High Yid Corp Bond by 3.5% in the second quarter. Stratos Wealth Partners LTD. now owns 59,637 shares of the exchange traded fund’s stock worth $5,271,000 after buying an additional 1,998 shares in the last quarter. Sei Investments Co. boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 20.3% in the second quarter. Sei Investments Co. now owns 93,317 shares of the exchange traded fund’s stock worth $8,248,000 after buying an additional 15,733 shares during the last quarter. Finally, IPG Investment Advisors LLC boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 38.0% in the second quarter. IPG Investment Advisors LLC now owns 4,265 shares of the exchange traded fund’s stock worth $377,000 after buying an additional 1,175 shares during the last quarter.

iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) traded down 0.290% during mid-day trading on Thursday, reaching $87.575. The company had a trading volume of 8,649,459 shares. The company’s 50 day moving average is $88.28 and its 200 day moving average is $87.87. iShares iBoxx $ High Yid Corp Bond has a 52-week low of $83.24 and a 52-week high of $89.04. iShares iBoxx $ High Yid Corp Bond also was the target of unusually large options trading activity on Monday. Investors acquired 46,868 call options on the company. This is an increase of approximately 252% compared to the average daily volume of 13,324 call options.

The company also recently announced a monthly dividend, which was paid on Monday, August 7th. Investors of record on Thursday, August 3rd were paid a dividend of $0.3677 per share. This represents a $4.41 dividend on an annualized basis and a yield of 5.02%. The ex-dividend date of this dividend was Tuesday, August 1st.

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iShares iBoxx $ High Yid Corp Bond 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.