Capital Asset Advisory Services LLC Sells 9,704 Shares of iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Capital Asset Advisory Services LLC trimmed its position in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 14.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,161 shares of the company’s stock after selling 9,704 shares during the period. Capital Asset Advisory Services LLC owned about 1.09% of iShares Interest Rate Hedged High Yield Bond ETF worth $5,114,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of HYGH. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 67,808.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,942,942 shares of the company’s stock worth $598,482,000 after acquiring an additional 6,932,718 shares in the last quarter. Live Oak Investment Partners bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter valued at $3,433,000. Jane Street Group LLC raised its position in iShares Interest Rate Hedged High Yield Bond ETF by 291.4% in the 1st quarter. Jane Street Group LLC now owns 44,532 shares of the company’s stock worth $3,794,000 after purchasing an additional 33,154 shares during the period. AdvisorNet Financial Inc lifted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 42.8% in the fourth quarter. AdvisorNet Financial Inc now owns 76,090 shares of the company’s stock worth $6,559,000 after purchasing an additional 22,809 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC lifted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 12.0% in the first quarter. MinichMacGregor Wealth Management LLC now owns 146,471 shares of the company’s stock worth $12,539,000 after purchasing an additional 15,723 shares during the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Stock Up 0.2%

NYSEARCA HYGH opened at $86.77 on Thursday. The firm has a market cap of $550.99 million, a price-to-earnings ratio of 10.74 and a beta of 0.27. The company has a 50-day simple moving average of $86.50 and a two-hundred day simple moving average of $86.26. iShares Interest Rate Hedged High Yield Bond ETF has a 12-month low of $84.78 and a 12-month high of $87.19.

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