Apella Capital LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH – Free Report) during the first quarter, according to its most recent filing with the SEC. The fund purchased 36,025 shares of the company’s stock, valued at approximately $2,993,000.
Several other hedge funds have also bought and sold shares of the stock. Focus Financial Network Inc. increased its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 7.4% in the fourth quarter. Focus Financial Network Inc. now owns 26,035 shares of the company’s stock worth $2,248,000 after purchasing an additional 1,805 shares during the last quarter. Rooted Wealth Advisors Inc. purchased a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter valued at approximately $8,094,000. Trademark Financial Management LLC increased its stake in iShares Interest Rate Hedged High Yield Bond ETF by 319.6% in the 4th quarter. Trademark Financial Management LLC now owns 9,936 shares of the company’s stock worth $858,000 after acquiring an additional 7,568 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 48.6% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 5,194 shares of the company’s stock worth $449,000 after acquiring an additional 1,699 shares in the last quarter. Finally, Principal Securities Inc. raised its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 42.4% during the 4th quarter. Principal Securities Inc. now owns 3,405 shares of the company’s stock worth $294,000 after acquiring an additional 1,014 shares in the last quarter.
iShares Interest Rate Hedged High Yield Bond ETF Stock Performance
HYGH stock opened at $85.68 on Wednesday. The firm has a fifty day moving average price of $84.34 and a 200 day moving average price of $85.82. iShares Interest Rate Hedged High Yield Bond ETF has a fifty-two week low of $78.23 and a fifty-two week high of $87.69. The firm has a market cap of $411.26 million, a PE ratio of 10.74 and a beta of 0.29.
About iShares Interest Rate Hedged High Yield Bond ETF
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.
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