Synergy Asset Management LLC Makes New $5.02 Million Investment in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Synergy Asset Management LLC purchased a new position in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHGFree Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 76,968 shares of the company’s stock, valued at approximately $5,016,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Farther Finance Advisors LLC bought a new stake in ProShares High Yield-Interest Rate Hedged ETF during the third quarter valued at $107,000. Oppenheimer & Co. Inc. purchased a new position in ProShares High Yield-Interest Rate Hedged ETF in the 3rd quarter worth $201,000. International Assets Investment Management LLC bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the 4th quarter valued at about $220,000. Geneos Wealth Management Inc. lifted its position in ProShares High Yield-Interest Rate Hedged ETF by 9.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 6,372 shares of the company’s stock valued at $418,000 after purchasing an additional 537 shares during the last quarter. Finally, KKM Financial LLC boosted its position in ProShares High Yield-Interest Rate Hedged ETF by 48.5% during the 3rd quarter. KKM Financial LLC now owns 7,759 shares of the company’s stock valued at $503,000 after buying an additional 2,534 shares during the period.

ProShares High Yield-Interest Rate Hedged ETF Stock Up 0.7 %

HYHG opened at $66.17 on Thursday. The business has a 50 day simple moving average of $65.77 and a two-hundred day simple moving average of $64.99. ProShares High Yield-Interest Rate Hedged ETF has a one year low of $65.87 and a one year high of $70.22.

ProShares High Yield-Interest Rate Hedged ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.3489 dividend. The ex-dividend date was Monday, December 23rd.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

(Free Report)

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys.

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Want to see what other hedge funds are holding HYHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHGFree Report).

Institutional Ownership by Quarter for ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

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