Wedbush Securities Inc. Sells 2,500 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (HYG)

Wedbush Securities Inc. trimmed its stake in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 29.3% during the third quarter, HoldingsChannel reports. The firm owned 6,047 shares of the exchange traded fund’s stock after selling 2,500 shares during the period. Wedbush Securities Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $523,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 2nd quarter worth approximately $162,000. Girard Partners LTD. acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth approximately $169,000. Symmetry Partners LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth approximately $219,000. Fernwood Investment Management LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth approximately $230,000. Finally, NBT Bank N A NY acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 3rd quarter worth approximately $236,000.

Shares of HYG opened at $82.83 on Friday. iShares iBoxx $ High Yield Corporate Bond ETF has a one year low of $82.70 and a one year high of $88.03.

The firm also recently announced a monthly dividend, which was paid on Friday, December 7th. Stockholders of record on Tuesday, December 4th were issued a $0.3764 dividend. This represents a $4.52 annualized dividend and a dividend yield of 5.45%. The ex-dividend date of this dividend was Monday, December 3rd.

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iShares iBoxx $ High Yield Corporate Bond ETF 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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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 Yield Corporate Bond ETF (NYSEARCA:HYG).

Institutional Ownership by Quarter for iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

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