iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) Shares Purchased by Traynor Capital Management Inc.

Traynor Capital Management Inc. lifted its position in iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG) by 15.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,248 shares of the exchange traded fund’s stock after purchasing an additional 4,234 shares during the period. iShares iBoxx $ High Yield Corporate Bond ETF comprises about 0.9% of Traynor Capital Management Inc.’s portfolio, making the stock its 23rd biggest holding. Traynor Capital Management Inc.’s holdings in iShares iBoxx $ High Yield Corporate Bond ETF were worth $2,713,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HYG. Mercer Global Advisors Inc. ADV acquired a new position in shares of iShares iBoxx $ High Yield Corporate Bond ETF in the 1st quarter valued at $927,000. Norway Savings Bank increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 4.3% in the 1st quarter. Norway Savings Bank now owns 24,722 shares of the exchange traded fund’s stock worth $2,138,000 after acquiring an additional 1,029 shares in the last quarter. Flagship Harbor Advisors LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 73.5% in the 1st quarter. Flagship Harbor Advisors LLC now owns 2,155 shares of the exchange traded fund’s stock worth $186,000 after acquiring an additional 913 shares in the last quarter. Confluence Investment Management LLC increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 64.5% in the 1st quarter. Confluence Investment Management LLC now owns 7,160 shares of the exchange traded fund’s stock worth $619,000 after acquiring an additional 2,808 shares in the last quarter. Finally, Meeder Asset Management Inc. increased its holdings in iShares iBoxx $ High Yield Corporate Bond ETF by 4,720.5% in the 1st quarter. Meeder Asset Management Inc. now owns 244,980 shares of the exchange traded fund’s stock worth $21,184,000 after acquiring an additional 239,898 shares in the last quarter.

NYSEARCA HYG traded down $0.39 on Wednesday, hitting $85.65. The company had a trading volume of 2,064,239 shares, compared to its average volume of 21,161,504. The company’s fifty day moving average price is $86.90. iShares iBoxx $ High Yield Corporate Bond ETF has a 12-month low of $79.55 and a 12-month high of $87.65.

iShares iBoxx $ High Yield Corporate Bond ETF Company 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 Yield Corporate Bond ETF (NYSEARCA:HYG)

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