iShares Interest Rate Hedged High Yield Bond ETF $HYGH Shares Purchased by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC raised its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 4.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 162,535 shares of the company’s stock after acquiring an additional 6,585 shares during the period. iShares Interest Rate Hedged High Yield Bond ETF accounts for about 2.3% of MinichMacGregor Wealth Management LLC’s portfolio, making the stock its 16th biggest position. MinichMacGregor Wealth Management LLC’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $13,918,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Integrated Wealth Concepts LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the second quarter worth about $87,000. OxenFree Capital LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 1st quarter worth $202,000. Diversify Wealth Management LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 1st quarter worth $291,000. Trademark Financial Management LLC lifted its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 40.1% during the first quarter. Trademark Financial Management LLC now owns 3,578 shares of the company’s stock valued at $306,000 after purchasing an additional 1,025 shares during the last quarter. Finally, Van Diest Capital LLC increased its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 123.4% in the first quarter. Van Diest Capital LLC now owns 5,428 shares of the company’s stock worth $465,000 after purchasing an additional 2,998 shares in the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Stock Down 0.3%

HYGH traded down $0.27 on Wednesday, hitting $84.97. The company’s stock had a trading volume of 37,617 shares, compared to its average volume of 62,974. iShares Interest Rate Hedged High Yield Bond ETF has a 12 month low of $84.66 and a 12 month high of $87.19. The firm has a market cap of $654.27 million, a P/E ratio of 10.74 and a beta of 0.28. The company’s 50 day simple moving average is $86.25 and its 200-day simple moving average is $86.31.

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