iShares iBoxx $ High Yield Corporate Bond ETF $HYG Shares Sold by Advisors Preferred LLC

Advisors Preferred LLC trimmed its stake in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 49.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,910 shares of the exchange traded fund’s stock after selling 40,075 shares during the quarter. Advisors Preferred LLC’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $3,280,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of HYG. Wayfinding Financial LLC acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter worth $34,000. ST Germain D J Co. Inc. raised its position in iShares iBoxx $ High Yield Corporate Bond ETF by 207.7% during the second quarter. ST Germain D J Co. Inc. now owns 480 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 324 shares during the period. FNY Investment Advisers LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter valued at $48,000. Tidemark LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the first quarter valued at $50,000. Finally, GoalVest Advisory LLC acquired a new position in iShares iBoxx $ High Yield Corporate Bond ETF during the second quarter valued at $105,000.

iShares iBoxx $ High Yield Corporate Bond ETF Trading Down 0.8%

NYSEARCA:HYG opened at $80.14 on Tuesday. The firm has a market capitalization of $18.89 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. iShares iBoxx $ High Yield Corporate Bond ETF has a 1-year low of $75.08 and a 1-year high of $81.36. The business’s fifty day moving average price is $80.87 and its 200 day moving average price is $80.09.

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.