Nations Financial Group Inc. IA ADV Raises Position in iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Nations Financial Group Inc. IA ADV boosted its holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 66.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,054 shares of the company’s stock after purchasing an additional 9,637 shares during the period. Nations Financial Group Inc. IA ADV owned approximately 0.46% of iShares Interest Rate Hedged High Yield Bond ETF worth $2,074,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the third quarter worth about $34,000. Advisory Services Network LLC bought a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 3rd quarter valued at about $58,000. Chilton Capital Management LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter valued at about $112,000. Capital Square LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter worth approximately $225,000. Finally, Net Worth Advisory Group bought a new position in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter worth approximately $235,000.

iShares Interest Rate Hedged High Yield Bond ETF Price Performance

Shares of iShares Interest Rate Hedged High Yield Bond ETF stock opened at $86.28 on Friday. iShares Interest Rate Hedged High Yield Bond ETF has a one year low of $82.97 and a one year high of $87.19. The business’s 50 day simple moving average is $85.80 and its two-hundred day simple moving average is $86.12. The stock has a market capitalization of $465.91 million, a P/E ratio of 10.74 and a beta of 0.28.

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.