Traynor Capital Management Inc. raised its stake in shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) by 4.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,522 shares of the exchange traded fund’s stock after buying an additional 1,092 shares during the period. iShares iBoxx $ High Yid Corp Bond makes up about 1.2% of Traynor Capital Management Inc.’s holdings, making the stock its 18th largest position. Traynor Capital Management Inc.’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $2,446,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in HYG. Capital Advisors Ltd. LLC increased its stake in shares of iShares iBoxx $ High Yid Corp Bond by 5.2% in the second quarter. Capital Advisors Ltd. LLC now owns 1,727 shares of the exchange traded fund’s stock worth $153,000 after buying an additional 85 shares in the last quarter. Forward Management LLC purchased a new stake in shares of iShares iBoxx $ High Yid Corp Bond during the second quarter worth approximately $191,000. Nwam LLC increased its stake in shares of iShares iBoxx $ High Yid Corp Bond by 3.5% in the second quarter. Nwam LLC now owns 3,153 shares of the exchange traded fund’s stock worth $279,000 after buying an additional 108 shares in the last quarter. IPG Investment Advisors LLC increased 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 in the last quarter. Finally, Honkamp Krueger Financial Services Inc. increased its stake in shares of iShares iBoxx $ High Yid Corp Bond by 25.3% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 6,589 shares of the exchange traded fund’s stock worth $582,000 after buying an additional 1,332 shares in the last quarter.

Shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) traded up 0.212% during mid-day trading on Friday, hitting $87.365. The company’s stock had a trading volume of 1,838,619 shares. The company has a 50-day moving average of $88.33 and a 200 day moving average of $87.86. iShares iBoxx $ High Yid Corp Bond has a 1-year low of $83.24 and a 1-year high of $89.04.

The firm also recently declared a monthly dividend, which was paid on Monday, August 7th. Shareholders of record on Thursday, August 3rd were given a dividend of $0.3677 per share. This represents a $4.41 dividend on an annualized basis and a yield of 5.06%. 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.

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

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