Park Avenue Securities LLC Buys New Holdings in iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Park Avenue Securities LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 22,238 shares of the company’s stock, valued at approximately $1,904,000. Park Avenue Securities LLC owned about 0.29% of iShares Interest Rate Hedged High Yield Bond ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in HYGH. Integrated Wealth Concepts LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF during the second quarter worth $87,000. OxenFree Capital LLC acquired a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the third quarter valued at $209,000. Sigma Planning Corp bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the third quarter valued at about $245,000. Diversify Wealth Management LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the first quarter valued at about $291,000. Finally, Smithbridge Asset Management Inc. DE bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the third quarter valued at about $330,000.

iShares Interest Rate Hedged High Yield Bond ETF Stock Performance

NYSEARCA HYGH opened at $84.81 on Friday. The firm has a 50-day moving average of $85.84 and a 200-day moving average of $86.18. The stock has a market cap of $640.32 million, a PE ratio of 10.74 and a beta of 0.28. iShares Interest Rate Hedged High Yield Bond ETF has a 52-week low of $84.25 and a 52-week high of $87.19.

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. HYGH was launched on May 27, 2014 and is managed by BlackRock.