Oppenheimer & Co. Inc. Buys 12,478 Shares of ProShares High Yield-Interest Rate Hedged ETF $HYHG

Oppenheimer & Co. Inc. bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,478 shares of the company’s stock, valued at approximately $801,000. Oppenheimer & Co. Inc. owned approximately 0.49% of ProShares High Yield-Interest Rate Hedged ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new stake in ProShares High Yield-Interest Rate Hedged ETF in the second quarter worth about $2,297,000. Tactive Advisors LLC raised its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 119.0% in the 3rd quarter. Tactive Advisors LLC now owns 40,697 shares of the company’s stock valued at $2,612,000 after purchasing an additional 22,118 shares during the last quarter. Larry Mathis Financial Planning LLC raised its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 12.2% in the 3rd quarter. Larry Mathis Financial Planning LLC now owns 103,541 shares of the company’s stock valued at $6,646,000 after purchasing an additional 11,269 shares during the last quarter. Anchor Investment Management LLC raised its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 490.0% in the 1st quarter. Anchor Investment Management LLC now owns 2,950 shares of the company’s stock valued at $188,000 after purchasing an additional 2,450 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in ProShares High Yield-Interest Rate Hedged ETF by 11.3% in the 1st quarter. Cetera Investment Advisers now owns 15,116 shares of the company’s stock worth $963,000 after purchasing an additional 1,533 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Trading Down 0.0%

HYHG stock opened at $62.72 on Wednesday. ProShares High Yield-Interest Rate Hedged ETF has a 52 week low of $62.65 and a 52 week high of $65.97. The firm has a 50 day moving average of $64.10 and a 200 day moving average of $64.45.

ProShares High Yield-Interest Rate Hedged ETF 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.