Wells Fargo & Company MN Has $5.14 Million Stock Holdings in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Wells Fargo & Company MN raised its position in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 2.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 78,458 shares of the company’s stock after acquiring an additional 1,779 shares during the period. Wells Fargo & Company MN’s holdings in ProShares High Yield-Interest Rate Hedged ETF were worth $5,142,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Jane Street Group LLC grew its stake in ProShares High Yield-Interest Rate Hedged ETF by 71.3% in the third quarter. Jane Street Group LLC now owns 14,787 shares of the company’s stock valued at $958,000 after purchasing an additional 6,154 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of ProShares High Yield-Interest Rate Hedged ETF in the fourth quarter valued at $220,000. Empirical Asset Management LLC grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 13.9% in the fourth quarter. Empirical Asset Management LLC now owns 9,407 shares of the company’s stock valued at $617,000 after buying an additional 1,146 shares in the last quarter. Commons Capital LLC acquired a new position in ProShares High Yield-Interest Rate Hedged ETF during the fourth quarter worth $666,000. Finally, Sound Income Strategies LLC raised its position in ProShares High Yield-Interest Rate Hedged ETF by 3.7% during the fourth quarter. Sound Income Strategies LLC now owns 93,411 shares of the company’s stock worth $6,122,000 after acquiring an additional 3,297 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Trading Down 4.9 %

Shares of HYHG stock opened at $62.48 on Monday. The company has a fifty day moving average price of $64.34 and a two-hundred day moving average price of $65.16. ProShares High Yield-Interest Rate Hedged ETF has a one year low of $59.66 and a one year high of $66.96.

ProShares High Yield-Interest Rate Hedged ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were paid a $0.373 dividend. This is an increase from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.37. The ex-dividend date of this dividend was Monday, March 3rd.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys.