Wrapmanager Inc. Sells 2,821 Shares of iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG)

Wrapmanager Inc. lessened its holdings in shares of iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) by 7.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,528 shares of the exchange traded fund’s stock after selling 2,821 shares during the period. iShares iBoxx $ High Yid Corp Bond comprises approximately 1.0% of Wrapmanager Inc.’s investment portfolio, making the stock its 18th biggest position. Wrapmanager Inc.’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $2,926,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HYG. SeaCrest Wealth Management LLC bought a new position in iShares iBoxx $ High Yid Corp Bond in the fourth quarter worth approximately $958,000. Global Trust Asset Management LLC acquired a new position in shares of iShares iBoxx $ High Yid Corp Bond during the fourth quarter worth $156,000. Autus Asset Management LLC increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 3.3% during the fourth quarter. Autus Asset Management LLC now owns 133,343 shares of the exchange traded fund’s stock worth $11,635,000 after purchasing an additional 4,286 shares in the last quarter. Nationwide Fund Advisors acquired a new position in shares of iShares iBoxx $ High Yid Corp Bond during the fourth quarter worth $38,176,000. Finally, CIBC World Markets Inc. increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 28.6% during the fourth quarter. CIBC World Markets Inc. now owns 14,279 shares of the exchange traded fund’s stock worth $1,246,000 after purchasing an additional 3,174 shares in the last quarter.

Shares of iShares iBoxx $ High Yid Corp Bond (HYG) traded down $0.24 during mid-day trading on Friday, hitting $84.95. The stock had a trading volume of 7,950,000 shares. The firm has a market capitalization of $15,470.00 and a P/E ratio of 20.32. iShares iBoxx $ High Yid Corp Bond has a 1-year low of $84.07 and a 1-year high of $89.04.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were issued a dividend of $0.3663 per share. The ex-dividend date was Thursday, February 1st. This is a positive change from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.36. This represents a $4.40 dividend on an annualized basis and a dividend yield of 5.17%. iShares iBoxx $ High Yid Corp Bond’s payout ratio is 106.46%.

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iShares iBoxx $ High Yid Corp Bond 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.

Institutional Ownership by Quarter for iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG)

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