HM Payson & Co. boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,408 shares of the exchange traded fund’s stock after buying an additional 125 shares during the period. HM Payson & Co.’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $832,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Capital Advisors Ltd. LLC increased its stake in shares of iShares iBoxx $ High Yid Corp Bond by 5.2% in the second quarter. Capital Advisors Ltd. LLC now owns 1,727 shares of the exchange traded fund’s stock worth $153,000 after buying an additional 85 shares during the last quarter. Forward Management LLC acquired a new position in shares of iShares iBoxx $ High Yid Corp Bond during the second quarter worth about $191,000. Stelac Advisory Services LLC increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 16.5% in the second quarter. Stelac Advisory Services LLC now owns 2,801 shares of the exchange traded fund’s stock worth $248,000 after buying an additional 396 shares in the last quarter. Nwam LLC increased its position in shares of iShares iBoxx $ High Yid Corp Bond by 3.5% in the second quarter. Nwam LLC now owns 3,153 shares of the exchange traded fund’s stock worth $279,000 after buying an additional 108 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. acquired a new position in shares of iShares iBoxx $ High Yid Corp Bond during the second quarter worth about $367,000.

iShares iBoxx $ High Yid Corp Bond (HYG) opened at 87.47 on Monday. iShares iBoxx $ High Yid Corp Bond has a 12 month low of $83.24 and a 12 month high of $89.04. The firm’s 50-day moving average price is $88.23 and its 200-day moving average price is $87.87.

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 7th. Shareholders of record on Thursday, August 3rd were issued a $0.3677 dividend. This represents a $4.41 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date was Tuesday, August 1st.

COPYRIGHT VIOLATION WARNING: This article was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://www.thecerbatgem.com/2017/08/21/ishares-iboxx-high-yid-corp-bond-hyg-shares-bought-by-hm-payson-co.html.

About iShares iBoxx $ High Yid Corp Bond

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)

Receive News & Stock Ratings for iShares iBoxx $ High Yid Corp Bond Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ High Yid Corp Bond and related stocks with our FREE daily email newsletter.