Assetmark Inc. Has $299.89 Million Holdings in iShares iBoxx $ High Yid Corp Bond (HYG)

Assetmark Inc. grew its position in iShares iBoxx $ High Yid Corp Bond (NYSEARCA:HYG) by 18.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,378,605 shares of the exchange traded fund’s stock after purchasing an additional 525,857 shares during the period. iShares iBoxx $ High Yid Corp Bond comprises about 3.4% of Assetmark Inc.’s portfolio, making the stock its 3rd largest position. Assetmark Inc. owned approximately 1.53% of iShares iBoxx $ High Yid Corp Bond worth $299,885,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HYG. Alken Asset Management Ltd. acquired a new stake in shares of iShares iBoxx $ High Yid Corp Bond during the second quarter worth $126,000. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares iBoxx $ High Yid Corp Bond in the 3rd quarter valued at $135,000. Capital Advisors Ltd. LLC increased its stake in iShares iBoxx $ High Yid Corp Bond by 5.2% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,727 shares of the exchange traded fund’s stock valued at $153,000 after buying an additional 85 shares during the last quarter. Forward Management LLC acquired a new stake in iShares iBoxx $ High Yid Corp Bond in the 2nd quarter valued at $191,000. Finally, Tower Research Capital LLC TRC increased its stake in iShares iBoxx $ High Yid Corp Bond by 239.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,167 shares of the exchange traded fund’s stock valued at $192,000 after buying an additional 1,529 shares during the last quarter.

Shares of iShares iBoxx $ High Yid Corp Bond (HYG) traded up $0.02 during mid-day trading on Tuesday, reaching $87.49. 8,930,300 shares of the company’s stock traded hands, compared to its average volume of 10,897,122. iShares iBoxx $ High Yid Corp Bond has a 12-month low of $84.84 and a 12-month high of $89.04.

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were paid a $0.3656 dividend. This is a positive change from iShares iBoxx $ High Yid Corp Bond’s previous monthly dividend of $0.37. This represents a $4.39 annualized dividend and a yield of 5.01%. The ex-dividend date of this dividend was Wednesday, November 1st. iShares iBoxx $ High Yid Corp Bond’s payout ratio is presently 105.74%.

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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.

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

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