The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion stimulus spree

A Friday release detailed which corporate-credit ETFs the Federal Reserve bought up from the program's May 12 start to May 18.
BlackRock's iShares iBoxx US Dollar Investment Grade Corporate Bond ETF was the most purchased, with the central bank buying up 2,521,892 shares over the period.
Total purchases reached $1.3 billion by May 18, though a separate release showed the figure swelling to roughly $3 billion by Wednesday.
About $223 million of the Fed's ETF holdings are focused on high-yiel