Lighthouse Financial Advisors Inc. bought a new stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) in the 4th quarter, Holdings Channel.com reports. The fund bought 399 shares of the exchange traded fund’s stock, valued at approximately $35,000.

A number of other large investors have also recently modified their holdings of HYG. First National Corp MA ADV raised its stake in iShares iBoxx $ High Yield Corporate Bond ETF by 4.3% during the 3rd quarter. First National Corp MA ADV now owns 2,942 shares of the exchange traded fund’s stock worth $256,000 after buying an additional 121 shares during the period. Vicus Capital increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 2.9% in the third quarter. Vicus Capital now owns 6,988 shares of the exchange traded fund’s stock worth $609,000 after acquiring an additional 194 shares in the last quarter. 1ST Source Bank increased its holdings in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 1.0% in the fourth quarter. 1ST Source Bank now owns 19,203 shares of the exchange traded fund’s stock worth $1,689,000 after acquiring an additional 199 shares in the last quarter. Enterprise Bank & Trust Co raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 0.6% during the fourth quarter. Enterprise Bank & Trust Co now owns 36,781 shares of the exchange traded fund’s stock worth $3,234,000 after purchasing an additional 210 shares during the period. Finally, Courage Miller Partners LLC raised its position in shares of iShares iBoxx $ High Yield Corporate Bond ETF by 4.4% during the fourth quarter. Courage Miller Partners LLC now owns 6,051 shares of the exchange traded fund’s stock worth $532,000 after purchasing an additional 256 shares during the period.

NYSEARCA:HYG opened at $88.41 on Friday. The business’s 50-day simple moving average is $88.04 and its 200-day simple moving average is $87.20. iShares iBoxx $ High Yield Corporate Bond ETF has a fifty-two week low of $84.47 and a fifty-two week high of $88.53.

The firm also recently announced a monthly dividend, which was paid on Friday, February 7th. Investors of record on Tuesday, February 4th were paid a dividend of $0.3658 per share. This represents a $4.39 dividend on an annualized basis and a yield of 4.97%. This is a boost from iShares iBoxx $ High Yield Corporate Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

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.

Further Reading: What is a capital gain?

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)

Receive News & Ratings for iShares iBoxx $ High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.