Matauro LLC increased its holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH – Free Report) by 6.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 121,327 shares of the company’s stock after purchasing an additional 7,872 shares during the quarter. iShares Interest Rate Hedged High Yield Bond ETF comprises about 1.7% of Matauro LLC’s portfolio, making the stock its 15th biggest holding. Matauro LLC’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $10,536,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in HYGH. Ameritas Advisory Services LLC acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 2nd quarter worth $53,000. Advisors Preferred LLC acquired a new stake in iShares Interest Rate Hedged High Yield Bond ETF in the second quarter worth about $140,000. Compound Planning Inc. lifted its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 5.3% in the first quarter. Compound Planning Inc. now owns 2,479 shares of the company’s stock worth $211,000 after purchasing an additional 124 shares during the period. Meridian Wealth Management LLC grew its position in iShares Interest Rate Hedged High Yield Bond ETF by 12.3% in the 2nd quarter. Meridian Wealth Management LLC now owns 2,869 shares of the company’s stock valued at $248,000 after buying an additional 314 shares in the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 2nd quarter valued at about $257,000.
iShares Interest Rate Hedged High Yield Bond ETF Trading Down 0.3%
HYGH stock opened at $86.11 on Friday. The firm’s 50-day moving average is $86.07 and its two-hundred day moving average is $86.19. The company has a market capitalization of $430.55 million, a price-to-earnings ratio of 10.74 and a beta of 0.28. iShares Interest Rate Hedged High Yield Bond ETF has a 52 week low of $78.23 and a 52 week high of $87.69.
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. HYGH was launched on May 27, 2014 and is managed by BlackRock.
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Want to see what other hedge funds are holding HYGH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH – Free Report).
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