American Financial Advisors LLC increased its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 12.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 118,719 shares of the exchange traded fund’s stock after buying an additional 12,718 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF accounts for about 2.1% of American Financial Advisors LLC’s holdings, making the stock its 19th largest holding. American Financial Advisors LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $10,265,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. We Are One Seven LLC purchased a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth approximately $33,000. Country Trust Bank boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 47.7% during the 4th quarter. Country Trust Bank now owns 424 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 137 shares during the last quarter. Pinnacle Bank purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter valued at $34,000. Liberty Wealth Management LLC purchased a new stake in iShares iBoxx $ High Yield Corporate Bond ETF during the 4th quarter valued at $46,000. Finally, Strategic Wealth Partners Ltd. boosted its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 117.1% during the 4th quarter. Strategic Wealth Partners Ltd. now owns 558 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 301 shares during the last quarter.

HYG traded up $0.30 during trading on Tuesday, hitting $86.83. 14,096,885 shares of the company’s stock traded hands, compared to its average volume of 20,901,947. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $79.55 and a 12-month high of $87.01.

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.3787 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $4.54 annualized dividend and a yield of 5.23%.

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iShares iBoxx $ High Yield Corporate Bond ETF 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.

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Institutional Ownership by Quarter for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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