Larry Mathis Financial Planning LLC Makes New $5.54 Million Investment in ProShares High Yield-Interest Rate Hedged ETF $HYHG

Larry Mathis Financial Planning LLC purchased a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 86,077 shares of the company’s stock, valued at approximately $5,543,000. ProShares High Yield-Interest Rate Hedged ETF makes up about 4.9% of Larry Mathis Financial Planning LLC’s investment portfolio, making the stock its biggest position. Larry Mathis Financial Planning LLC owned about 3.40% of ProShares High Yield-Interest Rate Hedged ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Anchor Investment Management LLC bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the 4th quarter worth about $32,000. Claro Advisors Inc. raised its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 49.0% in the 4th quarter. Claro Advisors Inc. now owns 12,536 shares of the company’s stock valued at $807,000 after acquiring an additional 4,125 shares in the last quarter. MML Investors Services LLC lifted its holdings in ProShares High Yield-Interest Rate Hedged ETF by 16.9% in the 4th quarter. MML Investors Services LLC now owns 71,687 shares of the company’s stock worth $4,617,000 after purchasing an additional 10,366 shares during the last quarter. Mariner LLC lifted its holdings in ProShares High Yield-Interest Rate Hedged ETF by 3.2% in the 4th quarter. Mariner LLC now owns 7,607 shares of the company’s stock worth $490,000 after purchasing an additional 235 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its position in ProShares High Yield-Interest Rate Hedged ETF by 13.1% during the fourth quarter. Kestra Advisory Services LLC now owns 6,268 shares of the company’s stock worth $404,000 after purchasing an additional 728 shares during the period.

ProShares High Yield-Interest Rate Hedged ETF Price Performance

Shares of ProShares High Yield-Interest Rate Hedged ETF stock opened at $64.91 on Friday. ProShares High Yield-Interest Rate Hedged ETF has a 12-month low of $63.00 and a 12-month high of $66.34. The stock has a 50 day moving average price of $64.73 and a two-hundred day moving average price of $64.48.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

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. HYHG was launched on May 21, 2013 and is managed by ProShares.