Focus Financial Network Inc. Buys 481 Shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Focus Financial Network Inc. increased its stake in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,840 shares of the company’s stock after buying an additional 481 shares during the quarter. Focus Financial Network Inc. owned about 0.85% of iShares Interest Rate Hedged High Yield Bond ETF worth $2,037,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Diversify Advisory Services LLC bought a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 1st quarter valued at $6,627,000. Sound Income Strategies LLC grew its stake in iShares Interest Rate Hedged High Yield Bond ETF by 5.6% during the 2nd quarter. Sound Income Strategies LLC now owns 64,007 shares of the company’s stock worth $5,441,000 after buying an additional 3,400 shares during the last quarter. KFG Wealth Management LLC grew its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 6.7% during the second quarter. KFG Wealth Management LLC now owns 61,367 shares of the company’s stock worth $5,216,000 after acquiring an additional 3,863 shares during the last quarter. Great Valley Advisor Group Inc. raised its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 28.4% in the second quarter. Great Valley Advisor Group Inc. now owns 28,727 shares of the company’s stock worth $2,442,000 after buying an additional 6,362 shares during the last quarter. Finally, Focus Financial Network Inc. ADV acquired a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 4th quarter valued at $1,902,000.

iShares Interest Rate Hedged High Yield Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:HYGH traded down $0.08 during trading on Wednesday, hitting $85.20. The stock had a trading volume of 51,866 shares, compared to its average volume of 40,870. iShares Interest Rate Hedged High Yield Bond ETF has a 12-month low of $81.37 and a 12-month high of $86.03. The stock has a 50-day simple moving average of $84.88 and a two-hundred day simple moving average of $85.09.

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.