Meridian Wealth Management LLC Makes New $219,000 Investment in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Meridian Wealth Management LLC acquired a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 2,536 shares of the company’s stock, valued at approximately $219,000. Meridian Wealth Management LLC owned approximately 0.09% of iShares Interest Rate Hedged High Yield Bond ETF at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sunbelt Securities Inc. increased its stake in iShares Interest Rate Hedged High Yield Bond ETF by 171.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 293 shares of the company’s stock worth $25,000 after buying an additional 185 shares in the last quarter. Global Retirement Partners LLC increased its stake in 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 buying an additional 346 shares in the last quarter. US Bancorp DE grew its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 4,066.7% in the third quarter. US Bancorp DE now owns 1,125 shares of the company’s stock valued at $97,000 after purchasing an additional 1,098 shares in the last quarter. Synergy Asset Management LLC purchased a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF in the fourth quarter valued at approximately $122,000. Finally, Atomi Financial Group Inc. purchased a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF in the fourth quarter valued at approximately $203,000.

iShares Interest Rate Hedged High Yield Bond ETF Price Performance

HYGH stock opened at $85.90 on Friday. The business has a 50 day simple moving average of $86.87 and a 200-day simple moving average of $86.37. The firm has a market capitalization of $450.98 million, a PE ratio of 16.15 and a beta of 0.36. iShares Interest Rate Hedged High Yield Bond ETF has a 1 year low of $81.37 and a 1 year high of $87.69.

iShares Interest Rate Hedged High Yield Bond ETF 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.