Smithbridge Asset Management Inc. DE Purchases New Holdings in iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Smithbridge Asset Management Inc. DE acquired a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,944 shares of the company’s stock, valued at approximately $690,000. Smithbridge Asset Management Inc. DE owned approximately 0.16% of iShares Interest Rate Hedged High Yield Bond ETF as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in HYGH. Osaic Holdings Inc. boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 26.1% during the 2nd quarter. Osaic Holdings Inc. now owns 33,101 shares of the company’s stock valued at $2,861,000 after acquiring an additional 6,861 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 2nd quarter valued at about $612,000. AdvisorNet Financial Inc lifted its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 37.2% during the second quarter. AdvisorNet Financial Inc now owns 39,335 shares of the company’s stock worth $3,404,000 after purchasing an additional 10,661 shares during the last quarter. Strait & Sound Wealth Management LLC lifted its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 9.4% during the second quarter. Strait & Sound Wealth Management LLC now owns 13,446 shares of the company’s stock worth $1,163,000 after purchasing an additional 1,155 shares during the last quarter. Finally, Perigon Wealth Management LLC acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF in the second quarter worth about $679,000.

iShares Interest Rate Hedged High Yield Bond ETF Stock Up 0.1%

Shares of iShares Interest Rate Hedged High Yield Bond ETF stock opened at $86.88 on Friday. The business has a 50-day moving average price of $86.21 and a 200 day moving average price of $86.25. iShares Interest Rate Hedged High Yield Bond ETF has a fifty-two week low of $78.23 and a fifty-two week high of $87.69. The firm has a market cap of $451.78 million, a P/E ratio of 10.74 and a beta of 0.28.

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.