ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) Shares Sold by Stifel Financial Corp

Stifel Financial Corp trimmed its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 4.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,537 shares of the company’s stock after selling 208 shares during the quarter. Stifel Financial Corp owned 0.21% of ProShares High Yield-Interest Rate Hedged ETF worth $294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in HYHG. Farther Finance Advisors LLC purchased a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the third quarter worth about $107,000. Oppenheimer & Co. Inc. purchased a new stake in ProShares High Yield-Interest Rate Hedged ETF during the 3rd quarter worth approximately $201,000. Rothschild Investment LLC acquired a new position in ProShares High Yield-Interest Rate Hedged ETF during the 2nd quarter valued at approximately $218,000. KKM Financial LLC raised its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 48.5% in the third quarter. KKM Financial LLC now owns 7,759 shares of the company’s stock worth $503,000 after buying an additional 2,534 shares during the last quarter. Finally, Global Retirement Partners LLC raised its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 35.4% in the third quarter. Global Retirement Partners LLC now owns 8,667 shares of the company’s stock worth $562,000 after buying an additional 2,265 shares during the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Price Performance

Shares of HYHG opened at $65.40 on Friday. The company’s fifty day moving average price is $65.56 and its 200-day moving average price is $64.68. ProShares High Yield-Interest Rate Hedged ETF has a 1-year low of $65.87 and a 1-year high of $70.22.

ProShares High Yield-Interest Rate Hedged ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be given a dividend of $0.3489 per share. The ex-dividend date is Monday, December 23rd.

ProShares High Yield-Interest Rate Hedged ETF 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.