PSI Advisors LLC Makes New Investment in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW)

PSI Advisors LLC acquired a new stake in iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,520 shares of the company’s stock, valued at approximately $48,000.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Stock Up 0.1 %

Shares of HYGW opened at $31.89 on Wednesday. The stock’s 50 day simple moving average is $32.20 and its two-hundred day simple moving average is $32.44.

iShares High Yield Corporate Bond BuyWrite Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Saturday, November 9th. Stockholders of record on Monday, November 4th were paid a dividend of $0.2069 per share. The ex-dividend date of this dividend was Monday, November 4th.

About iShares High Yield Corporate Bond BuyWrite Strategy ETF

The iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) is an exchange-traded fund that is based on the Cboe HYG BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares High Yield Corporate Bond ETF and writing one-month call options against the shares.