Bristol Advisors LLC Sells 74,200 Shares of iShares iBoxx $ High Yid Corp Bond (HYG)

Bristol Advisors LLC decreased its position in iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) by 80.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,100 shares of the exchange traded fund’s stock after selling 74,200 shares during the quarter. iShares iBoxx $ High Yid Corp Bond accounts for approximately 1.0% of Bristol Advisors LLC’s holdings, making the stock its 25th largest holding. Bristol Advisors LLC’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $1,579,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Boyd Watterson Asset Management LLC OH increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 22.1% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 14,190 shares of the exchange traded fund’s stock valued at $1,238,000 after acquiring an additional 2,567 shares during the last quarter. Patriot Wealth Management Inc. acquired a new stake in shares of iShares iBoxx $ High Yid Corp Bond in the fourth quarter valued at about $219,000. AXA increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 1.9% in the third quarter. AXA now owns 115,150 shares of the exchange traded fund’s stock valued at $10,221,000 after acquiring an additional 2,170 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 8,688.0% in the third quarter. Chicago Partners Investment Group LLC now owns 4,394 shares of the exchange traded fund’s stock valued at $390,000 after acquiring an additional 4,344 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of iShares iBoxx $ High Yid Corp Bond in the third quarter valued at about $433,000.

iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) traded down $0.13 during trading on Friday, reaching $87.60. The company had a trading volume of 12,911,500 shares, compared to its average volume of 15,086,362. iShares iBoxx $ High Yid Corp Bond has a fifty-two week low of $85.99 and a fifty-two week high of $89.04. The company has a market capitalization of $18,230.00 and a PE ratio of 20.96.

The firm also recently declared a monthly dividend, which was paid on Thursday, December 28th. Investors of record on Friday, December 22nd were issued a dividend of $0.3608 per share. This represents a $4.33 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date was Thursday, December 21st. iShares iBoxx $ High Yid Corp Bond’s payout ratio is currently 106.94%.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Stock Observer and is owned by of Stock Observer. If you are reading this news story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.thestockobserver.com/2018/01/12/bristol-advisors-llc-sells-74200-shares-of-ishares-iboxx-high-yid-corp-bond-hyg.html.

About iShares iBoxx $ High Yid Corp Bond

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.

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 Yid Corp Bond (NYSEARCA:HYG).

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

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

Leave a Reply