Investors purchased shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) on weakness during trading hours on Thursday. $177.57 million flowed into the stock on the tick-up and $63.72 million flowed out of the stock on the tick-down, for a money net flow of $113.85 million into the stock. Of all stocks tracked, iShares iBoxx $ High Yid Corp Bond had the 3rd highest net in-flow for the day. iShares iBoxx $ High Yid Corp Bond traded down ($0.11) for the day and closed at $88.34

The company’s 50-day moving average price is $88.08 and its 200-day moving average price is $87.93.

The firm also recently declared a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Wednesday, September 6th were paid a $0.3703 dividend. This represents a $4.44 dividend on an annualized basis and a yield of 5.03%. 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.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alken Asset Management Ltd. acquired a new position in shares of iShares iBoxx $ High Yid Corp Bond in the 2nd quarter valued at about $126,000. Capital Advisors Ltd. LLC lifted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 5.2% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,727 shares of the exchange traded fund’s stock valued at $153,000 after purchasing an additional 85 shares in the last quarter. Forward Management LLC acquired a new position in shares of iShares iBoxx $ High Yid Corp Bond in the 2nd quarter valued at about $191,000. Tower Research Capital LLC TRC lifted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 239.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,167 shares of the exchange traded fund’s stock valued at $192,000 after purchasing an additional 1,529 shares in the last quarter. Finally, Usca Ria LLC lifted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 6.1% in the 2nd quarter. Usca Ria LLC now owns 2,456 shares of the exchange traded fund’s stock valued at $217,000 after purchasing an additional 141 shares in the last quarter.

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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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