High-Yield and Harvard: Endowment Loves This ETF

The iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) is not only the largest high-yield bond exchange traded fund trading in the U.S., it is one of the biggest bond ETFs of any variety. That says HYG has a solid following among institutional investors. HYG investors include the Harvard University endowment. Recent data…Click to read more at ETFtrends.com.