Cranbrook Wealth Management LLC grew its stake in shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,316 shares of the exchange traded fund’s stock after acquiring an additional 563 shares during the period. iShares iBoxx $ High Yid Corp Bond comprises approximately 1.3% of Cranbrook Wealth Management LLC’s holdings, making the stock its 28th biggest position. Cranbrook Wealth Management LLC’s holdings in iShares iBoxx $ High Yid Corp Bond were worth $2,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Capital Advisors Ltd. LLC grew its holdings in iShares iBoxx $ High Yid Corp Bond by 5.2% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,727 shares of the exchange traded fund’s stock worth $153,000 after acquiring an additional 85 shares in the last quarter. Forward Management LLC acquired a new position in iShares iBoxx $ High Yid Corp Bond during the 2nd quarter worth $191,000. Usca Ria LLC grew its holdings in iShares iBoxx $ High Yid Corp Bond by 6.1% during the 2nd quarter. Usca Ria LLC now owns 2,456 shares of the exchange traded fund’s stock worth $217,000 after acquiring an additional 141 shares in the last quarter. Stelac Advisory Services LLC grew its holdings in iShares iBoxx $ High Yid Corp Bond by 16.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,801 shares of the exchange traded fund’s stock worth $248,000 after acquiring an additional 396 shares in the last quarter. Finally, Capital Planning Advisors LLC acquired a new position in iShares iBoxx $ High Yid Corp Bond during the 2nd quarter worth $249,000.

ILLEGAL ACTIVITY WARNING: This story was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.thecerbatgem.com/2017/09/11/ishares-iboxx-high-yid-corp-bond-hyg-holdings-lifted-by-cranbrook-wealth-management-llc.html.

Shares of iShares iBoxx $ High Yid Corp Bond (HYG) traded up 0.4072% on Monday, reaching $88.1475. 2,548,579 shares of the company’s stock traded hands. The company’s 50-day moving average is $88.18 and its 200-day moving average is $87.92. iShares iBoxx $ High Yid Corp Bond has a 52 week low of $83.24 and a 52 week high of $89.04.

The business also recently announced a monthly dividend, which was paid on Friday, September 8th. Investors of record on Wednesday, September 6th were paid a dividend of $0.3703 per share. This is a boost from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37. This represents a $4.44 annualized dividend and a yield of 5.06%. The ex-dividend date of this dividend was Friday, September 1st.

iShares iBoxx $ High Yid Corp Bond 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.

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.