Avantax Advisory Services Inc. Grows Position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Avantax Advisory Services Inc. increased its position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 17.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,002 shares of the company’s stock after purchasing an additional 903 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $518,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sunbelt Securities Inc. boosted its holdings 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 worth $25,000 after acquiring an additional 185 shares in the last quarter. Global Retirement Partners LLC boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 151.8% in the 4th quarter. Global Retirement Partners LLC now owns 574 shares of the company’s stock worth $50,000 after purchasing an additional 346 shares in the last quarter. Synergy Asset Management LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter valued at about $122,000. Atomi Financial Group Inc. bought a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter valued at about $203,000. Finally, Meridian Wealth Management LLC purchased a new position in iShares Interest Rate Hedged High Yield Bond ETF in the fourth quarter worth about $219,000.

iShares Interest Rate Hedged High Yield Bond ETF Stock Down 0.1 %

NYSEARCA:HYGH opened at $85.87 on Friday. The stock has a market cap of $437.94 million, a price-to-earnings ratio of 10.88 and a beta of 0.36. The company’s 50 day moving average price is $86.69 and its 200-day moving average price is $86.39. iShares Interest Rate Hedged High Yield Bond ETF has a 52 week low of $81.37 and a 52 week high of $87.69.

iShares Interest Rate Hedged High Yield Bond ETF Company 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.