Quantitative Investment Management LLC lessened its position in iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) by 99.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,200 shares of the exchange traded fund’s stock after selling 1,052,600 shares during the period. Quantitative Investment Management LLC’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $453,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of HYG. Belpointe Asset Management LLC bought a new stake in iShares iBoxx $ High Yid Corp Bond during the 3rd quarter worth about $1,154,000. BTS Asset Management Inc. raised its holdings in iShares iBoxx $ High Yid Corp Bond by 11.7% during the 3rd quarter. BTS Asset Management Inc. now owns 4,696,279 shares of the exchange traded fund’s stock worth $414,931,000 after purchasing an additional 490,683 shares during the last quarter. Dynamic Advisors Solutions LLC raised its holdings in iShares iBoxx $ High Yid Corp Bond by 5.5% during the 4th quarter. Dynamic Advisors Solutions LLC now owns 18,925 shares of the exchange traded fund’s stock worth $1,652,000 after purchasing an additional 988 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares iBoxx $ High Yid Corp Bond by 376.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,258,825 shares of the exchange traded fund’s stock worth $111,569,000 after purchasing an additional 994,631 shares during the last quarter. Finally, King Wealth Management Group LLC raised its holdings in iShares iBoxx $ High Yid Corp Bond by 11.5% during the 3rd quarter. King Wealth Management Group LLC now owns 16,216 shares of the exchange traded fund’s stock worth $1,440,000 after purchasing an additional 1,669 shares during the last quarter.

How to Become a New Pot Stock Millionaire

Shares of iShares iBoxx $ High Yid Corp Bond (NYSEARCA HYG) opened at $85.14 on Friday. The company has a market capitalization of $14,900.00 and a PE ratio of 20.37. iShares iBoxx $ High Yid Corp Bond has a 52 week low of $84.07 and a 52 week high of $89.04.

The business also recently declared a monthly dividend, which was paid on Wednesday, March 7th. Stockholders of record on Friday, March 2nd were paid a $0.3413 dividend. The ex-dividend date was Thursday, March 1st. This represents a $4.10 dividend on an annualized basis and a dividend yield of 4.81%. iShares iBoxx $ High Yid Corp Bond’s dividend payout ratio (DPR) is presently 105.50%.

TRADEMARK VIOLATION NOTICE: This news story was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another site, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be accessed at https://www.watchlistnews.com/ishares-iboxx-high-yid-corp-bond-hyg-stake-lowered-by-quantitative-investment-management-llc/1960721.html.

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.

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.