iShares Interest Rate Hedged High Yield Bond ETF $HYGH Shares Newly Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 35,145 shares of the company’s stock, valued at approximately $3,009,000. Founders Financial Securities LLC owned 0.47% of iShares Interest Rate Hedged High Yield Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in HYGH. Integrated Wealth Concepts LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 2nd quarter valued at approximately $87,000. OxenFree Capital LLC purchased a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter worth approximately $209,000. Sigma Planning Corp purchased a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter worth approximately $245,000. Diversify Wealth Management LLC bought a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 1st quarter worth approximately $291,000. Finally, Trademark Financial Management LLC raised its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 40.1% in the 1st quarter. Trademark Financial Management LLC now owns 3,578 shares of the company’s stock worth $306,000 after purchasing an additional 1,025 shares during the period.

iShares Interest Rate Hedged High Yield Bond ETF Trading Down 0.2%

NYSEARCA:HYGH opened at $85.20 on Friday. iShares Interest Rate Hedged High Yield Bond ETF has a 12 month low of $84.25 and a 12 month high of $87.19. The firm’s 50 day moving average is $85.88 and its 200 day moving average is $86.19. The stock has a market capitalization of $643.26 million, a PE ratio of 10.74 and a beta of 0.28.

iShares Interest Rate Hedged High Yield Bond ETF Company Profile

The iShares Interest Rate Hedged High Yield Bond ETF (HYGH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that holds the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) that targets USD-denominated corporate high-yield bonds while mitigating interest-rate risk. HYGH was launched on May 27, 2014 and is managed by BlackRock.