Tiaa Fsb purchased a new position in shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,009,535 shares of the exchange traded fund’s stock, valued at approximately $266,012,000. iShares iBoxx $ High Yid Corp Bond accounts for 1.8% of Tiaa Fsb’s investment portfolio, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of HYG. ETRADE Capital Management LLC boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 2.1% during the 2nd quarter. ETRADE Capital Management LLC now owns 296,857 shares of the exchange traded fund’s stock worth $26,239,000 after acquiring an additional 5,998 shares in the last quarter. FMR LLC boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 5.5% during the 2nd quarter. FMR LLC now owns 1,105,852 shares of the exchange traded fund’s stock worth $97,746,000 after acquiring an additional 57,658 shares in the last quarter. Marietta Wealth Management LLC boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 15.1% during the 2nd quarter. Marietta Wealth Management LLC now owns 6,294 shares of the exchange traded fund’s stock worth $556,000 after acquiring an additional 826 shares in the last quarter. Premise Capital LLC boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 32.1% during the 2nd quarter. Premise Capital LLC now owns 64,634 shares of the exchange traded fund’s stock worth $5,713,000 after acquiring an additional 15,701 shares in the last quarter. Finally, Laffer Investments boosted its position in shares of iShares iBoxx $ High Yid Corp Bond by 6.7% during the 2nd quarter. Laffer Investments now owns 3,940 shares of the exchange traded fund’s stock worth $348,000 after acquiring an additional 249 shares in the last quarter.

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iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) traded down 0.05% on Thursday, hitting $88.41. The stock had a trading volume of 2,818,294 shares. The company’s 50-day moving average is $88.08 and its 200-day moving average is $87.93. iShares iBoxx $ High Yid Corp Bond has a one year low of $83.24 and a one year high of $89.04.

The firm also recently announced a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Wednesday, September 6th were given a dividend of $0.3703 per share. This represents a $4.44 dividend on an annualized basis and a dividend yield of 5.02%. This is a positive change from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37. The ex-dividend date of this dividend was Friday, September 1st.

iShares iBoxx $ High Yid Corp Bond 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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