TRUE Private Wealth Advisors Has $1.11 Million Stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

TRUE Private Wealth Advisors lifted its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 9.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,713 shares of the exchange traded fund’s stock after purchasing an additional 1,140 shares during the period. TRUE Private Wealth Advisors’ holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $1,108,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in HYG. North Star Investment Management Corp. acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the third quarter worth approximately $29,000. Motco raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 387.7% during the second quarter. Motco now owns 356 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 283 shares during the last quarter. Enterprise Trust & Investment Co bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter worth approximately $33,000. Stonebridge Capital Advisors LLC bought a new stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter worth approximately $48,000. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 13.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,617 shares of the exchange traded fund’s stock worth $141,000 after buying an additional 187 shares during the last quarter.

Shares of HYG traded up $0.23 on Wednesday, reaching $86.27. 306,178 shares of the company’s stock were exchanged, compared to its average volume of 21,019,396. The business has a 50 day moving average price of $86.96 and a two-hundred day moving average price of $86.56. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $79.55 and a 12 month high of $87.65.

The firm also recently declared a — dividend, which was paid on Monday, September 9th. Investors of record on Wednesday, September 4th were paid a dividend of $0.371 per share. This represents a dividend yield of 5.3%. The ex-dividend date was Tuesday, September 3rd.

About iShares iBoxx $ High Yield Corporate Bond ETF

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 Yield Corporate Bond ETF (NYSEARCA:HYG)

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