Principal Securities Inc. Purchases 744 Shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Principal Securities Inc. raised its position in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 7.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,860 shares of the company’s stock after purchasing an additional 744 shares during the period. Principal Securities Inc. owned 0.51% of ProShares High Yield-Interest Rate Hedged ETF worth $712,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the 4th quarter worth $5,016,000. Geneos Wealth Management Inc. raised its position in ProShares High Yield-Interest Rate Hedged ETF by 9.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 6,372 shares of the company’s stock worth $418,000 after purchasing an additional 537 shares during the period. Sound Income Strategies LLC raised its position in ProShares High Yield-Interest Rate Hedged ETF by 3.7% in the 4th quarter. Sound Income Strategies LLC now owns 93,411 shares of the company’s stock worth $6,122,000 after purchasing an additional 3,297 shares during the period. Commons Capital LLC purchased a new position in ProShares High Yield-Interest Rate Hedged ETF in the 4th quarter worth $666,000. Finally, Empirical Asset Management LLC increased its position 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 acquiring an additional 1,146 shares during the period.

ProShares High Yield-Interest Rate Hedged ETF Stock Performance

HYHG stock opened at $66.14 on Friday. The firm’s 50-day moving average price is $65.85 and its two-hundred day moving average price is $65.17. ProShares High Yield-Interest Rate Hedged ETF has a 12-month low of $65.87 and a 12-month high of $70.22.

ProShares High Yield-Interest Rate Hedged ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were paid a $0.3664 dividend. This is a boost from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.35. The ex-dividend date was Monday, February 3rd.

About ProShares High Yield-Interest Rate Hedged ETF

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.