Commonwealth Equity Services LLC Has $570,000 Holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Commonwealth Equity Services LLC raised its position in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 42.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,597 shares of the company’s stock after purchasing an additional 1,967 shares during the period. Commonwealth Equity Services LLC owned 0.24% of iShares Interest Rate Hedged High Yield Bond ETF worth $570,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Sunbelt Securities Inc. raised its position in iShares Interest Rate Hedged High Yield Bond ETF by 171.3% during the third quarter. Sunbelt Securities Inc. now owns 293 shares of the company’s stock valued at $25,000 after acquiring an additional 185 shares in the last quarter. Global Retirement Partners LLC increased its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 151.8% during the 4th quarter. Global Retirement Partners LLC now owns 574 shares of the company’s stock worth $50,000 after purchasing an additional 346 shares during the last quarter. Synergy Asset Management LLC acquired a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter worth $122,000. Atomi Financial Group Inc. bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter valued at $203,000. Finally, Meridian Wealth Management LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter valued at $219,000.

iShares Interest Rate Hedged High Yield Bond ETF Trading Down 4.1 %

Shares of NYSEARCA:HYGH opened at $79.41 on Friday. The stock has a market capitalization of $404.99 million, a PE ratio of 10.88 and a beta of 0.36. iShares Interest Rate Hedged High Yield Bond ETF has a 1 year low of $78.23 and a 1 year high of $87.69. The firm has a fifty day moving average price of $86.20 and a 200 day moving average price of $86.36.

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.