Focus Partners Advisor Solutions LLC Acquires 218 Shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Focus Partners Advisor Solutions LLC grew its holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,899 shares of the company’s stock after acquiring an additional 218 shares during the period. Focus Partners Advisor Solutions LLC owned 0.39% of iShares Interest Rate Hedged High Yield Bond ETF worth $941,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of HYGH. Jane Street Group LLC lifted its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 345.0% in the 3rd quarter. Jane Street Group LLC now owns 28,487 shares of the company’s stock worth $2,457,000 after purchasing an additional 22,085 shares during the last quarter. Principal Securities Inc. boosted its stake in 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 valued at $294,000 after purchasing an additional 1,014 shares during the period. Atomi Financial Group Inc. bought a new position in iShares Interest Rate Hedged High Yield Bond ETF in the 4th quarter worth approximately $203,000. Brookstone Capital Management boosted its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 54.9% in the fourth quarter. Brookstone Capital Management now owns 3,869 shares of the company’s stock valued at $334,000 after acquiring an additional 1,372 shares during the period. Finally, Global Retirement Partners LLC grew its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 151.8% in the fourth quarter. Global Retirement Partners LLC now owns 574 shares of the company’s stock worth $50,000 after acquiring an additional 346 shares during the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Price Performance

NYSEARCA:HYGH opened at $85.06 on Friday. The company has a fifty day moving average price of $86.81 and a 200 day moving average price of $86.38. The stock has a market cap of $446.57 million, a P/E ratio of 16.15 and a beta of 0.36. iShares Interest Rate Hedged High Yield Bond ETF has a one year low of $81.37 and a one year 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.