Blue Fin Capital Inc. cut its stake in shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) by 4.9% during the second quarter, Holdings Channel reports. The institutional investor owned 75,604 shares of the exchange traded fund’s stock after selling 3,890 shares during the period. iShares iBoxx $ High Yid Corp Bond accounts for 4.3% of Blue Fin Capital Inc.’s holdings, making the stock its 2nd largest position. Blue Fin Capital Inc.’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $6,682,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Advisors Ltd. LLC boosted its position in 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 during the period. Forward Management LLC bought a new position in iShares iBoxx $ High Yid Corp Bond during the second quarter worth approximately $191,000. Nwam LLC boosted its position in 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 during the period. IPG Investment Advisors LLC boosted its position in 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 during the period. Finally, Berkeley Capital Partners LLC boosted its position in iShares iBoxx $ High Yid Corp Bond by 0.5% in the second quarter. Berkeley Capital Partners LLC now owns 5,385 shares of the exchange traded fund’s stock worth $476,000 after buying an additional 25 shares during the period.

iShares iBoxx $ High Yid Corp Bond (HYG) opened at 87.33 on Friday. The firm’s 50-day moving average is $88.31 and its 200-day moving average is $87.86. iShares iBoxx $ High Yid Corp Bond has a 52-week low of $83.24 and a 52-week high of $89.04.

The firm also recently announced a monthly dividend, which was paid on Monday, August 7th. Stockholders of record on Thursday, August 3rd were given a dividend of $0.3677 per share. This represents a $4.41 annualized dividend and a dividend yield of 5.05%. 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.

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 (NYSE:HYG).

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

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