R. G. Niederhoffer Capital Management Inc. Acquires New Stake in iShares iBoxx $ High Yid Corp Bond (HYG)

R. G. Niederhoffer Capital Management Inc. purchased a new stake in shares of iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 9,000 shares of the exchange traded fund’s stock, valued at approximately $799,000. iShares iBoxx $ High Yid Corp Bond comprises 5.1% of R. G. Niederhoffer Capital Management Inc.’s portfolio, making the stock its 7th largest position.

A number of other hedge funds and other institutional investors have also modified their holdings of HYG. Alken Asset Management Ltd. bought a new position in iShares iBoxx $ High Yid Corp Bond during the second quarter valued at approximately $126,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares iBoxx $ High Yid Corp Bond during the third quarter valued at approximately $135,000. Capital Advisors Ltd. LLC boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 5.2% during the second quarter. Capital Advisors Ltd. LLC now owns 1,727 shares of the exchange traded fund’s stock valued at $153,000 after purchasing an additional 85 shares during the period. Forward Management LLC purchased a new stake in shares of iShares iBoxx $ High Yid Corp Bond during the second quarter valued at approximately $191,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of iShares iBoxx $ High Yid Corp Bond by 239.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,167 shares of the exchange traded fund’s stock valued at $192,000 after purchasing an additional 1,529 shares during the period.

iShares iBoxx $ High Yid Corp Bond (HYG) traded up $0.19 during trading hours on Friday, hitting $87.11. The stock had a trading volume of 24,521,635 shares. 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 disclosed a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were paid a dividend of $0.3656 per share. This represents a $4.39 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date was Wednesday, November 1st. This is a positive change from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37.

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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.

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Institutional Ownership by Quarter for iShares iBoxx $ High Yid Corp Bond (NYSE:HYG)

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