Axxcess Wealth Management LLC Boosts Stock Holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Axxcess Wealth Management LLC increased its stake in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 2.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,366 shares of the company’s stock after acquiring an additional 313 shares during the period. Axxcess Wealth Management LLC owned approximately 0.41% of iShares Interest Rate Hedged High Yield Bond ETF worth $966,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diversify Advisory Services LLC purchased a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 1st quarter valued at about $6,627,000. MinichMacGregor Wealth Management LLC raised its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 83.4% in the second quarter. MinichMacGregor Wealth Management LLC now owns 147,730 shares of the company’s stock valued at $12,557,000 after acquiring an additional 67,173 shares in the last quarter. Foundations Investment Advisors LLC purchased a new position in iShares Interest Rate Hedged High Yield Bond ETF in the second quarter worth approximately $3,977,000. Focus Financial Network Inc. ADV acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter worth approximately $1,902,000. Finally, Atria Wealth Solutions Inc. increased its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 39.8% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 50,081 shares of the company’s stock valued at $4,257,000 after purchasing an additional 14,258 shares during the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Stock Performance

Shares of HYGH opened at $85.80 on Friday. The firm’s fifty day simple moving average is $84.99 and its 200-day simple moving average is $85.13. iShares Interest Rate Hedged High Yield Bond ETF has a twelve month low of $81.37 and a twelve month high of $86.10.

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.