Ibex Wealth Advisors Invests $1.79 Million in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Ibex Wealth Advisors purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,711 shares of the company’s stock, valued at approximately $1,788,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sunbelt Securities Inc. raised its stake in iShares Interest Rate Hedged High Yield Bond ETF by 171.3% in the third quarter. Sunbelt Securities Inc. now owns 293 shares of the company’s stock valued at $25,000 after purchasing an additional 185 shares in the last quarter. Highline Wealth Partners LLC acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF in the third quarter valued at about $41,000. US Bancorp DE raised its stake in iShares Interest Rate Hedged High Yield Bond ETF by 4,066.7% in the third quarter. US Bancorp DE now owns 1,125 shares of the company’s stock valued at $97,000 after purchasing an additional 1,098 shares in the last quarter. Atomi Financial Group Inc. acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF in the fourth quarter valued at about $203,000. Finally, Brookstone Capital Management acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF in the third quarter valued at about $215,000.

iShares Interest Rate Hedged High Yield Bond ETF Stock Down 0.0 %

HYGH stock traded down $0.04 during midday trading on Wednesday, reaching $87.23. The company had a trading volume of 2,605 shares, compared to its average volume of 69,104. The stock has a 50 day moving average price of $86.71 and a 200-day moving average price of $85.98. iShares Interest Rate Hedged High Yield Bond ETF has a 1-year low of $81.37 and a 1-year high of $87.69.

iShares Interest Rate Hedged High Yield Bond ETF 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.