Capital Investment Advisors LLC Sells 1,680 Shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG)

Capital Investment Advisors LLC decreased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 1.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,069 shares of the exchange traded fund’s stock after selling 1,680 shares during the period. Capital Investment Advisors LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $9,421,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HYG. Massmutual Trust Co. FSB ADV raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.9% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 3,129 shares of the exchange traded fund’s stock worth $254,000 after acquiring an additional 147 shares in the last quarter. BCJ Capital Management LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth approximately $277,000. Pinnacle Bank bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth approximately $34,000. Liberty Wealth Management LLC bought a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 4th quarter worth approximately $46,000. Finally, Cougar Global Investments Ltd raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 56.5% in the 1st quarter. Cougar Global Investments Ltd now owns 38,032 shares of the exchange traded fund’s stock worth $3,289,000 after acquiring an additional 13,727 shares in the last quarter.

Shares of NYSEARCA:HYG traded up $0.17 during trading on Friday, hitting $87.15. The stock had a trading volume of 551,730 shares, compared to its average volume of 21,020,273. iShares iBoxx $ High Yield Corporate Bond ETF has a 12 month low of $79.55 and a 12 month high of $87.65. The company has a fifty day moving average of $86.79.

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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