Diversify Advisory Services LLC Lowers Stock Position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Diversify Advisory Services LLC reduced its position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 94.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,659 shares of the company’s stock after selling 72,709 shares during the period. Diversify Advisory Services LLC’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $396,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYGH. CreativeOne Wealth LLC acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF during the first quarter valued at approximately $200,000. Strategic Blueprint LLC purchased a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 1st quarter valued at $211,000. Atria Wealth Solutions Inc. acquired a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter valued at $216,000. Trademark Financial Management LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter worth $330,000. Finally, Almanack Investment Partners LLC. acquired a new stake in iShares Interest Rate Hedged High Yield Bond ETF in the 1st quarter valued at $606,000.

iShares Interest Rate Hedged High Yield Bond ETF Trading Down 0.2 %

Shares of HYGH traded down $0.16 during midday trading on Friday, reaching $83.84. 27,587 shares of the company were exchanged, compared to its average volume of 40,852. iShares Interest Rate Hedged High Yield Bond ETF has a 1-year low of $81.37 and a 1-year high of $86.03. The stock has a 50-day moving average price of $84.95 and a 200-day moving average price of $85.10.

iShares Interest Rate Hedged High Yield Bond ETF Company Profile

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.