Osaic Holdings Inc. Acquires 6,861 Shares of iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Osaic Holdings Inc. raised its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 26.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 33,101 shares of the company’s stock after acquiring an additional 6,861 shares during the quarter. Osaic Holdings Inc.’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $2,861,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of HYGH. Ameritas Advisory Services LLC purchased a new position in iShares Interest Rate Hedged High Yield Bond ETF during the second quarter valued at $53,000. Advisors Preferred LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the second quarter worth about $140,000. Compound Planning Inc. raised its stake in shares of 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 buying an additional 124 shares during the period. Meridian Wealth Management LLC lifted its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 12.3% during 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. purchased a new position in shares of 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 0.1%

iShares Interest Rate Hedged High Yield Bond ETF stock opened at $86.22 on Friday. iShares Interest Rate Hedged High Yield Bond ETF has a 12-month low of $78.23 and a 12-month high of $87.69. The firm has a market capitalization of $431.10 million, a price-to-earnings ratio of 10.74 and a beta of 0.28. The firm has a 50 day moving average of $86.12 and a 200 day moving average of $86.20.

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. HYGH was launched on May 27, 2014 and is managed by BlackRock.