MinichMacGregor Wealth Management LLC Boosts Stake in iShares Interest Rate Hedged High Yield Bond ETF $HYGH

MinichMacGregor Wealth Management LLC grew its position in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 12.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 146,471 shares of the company’s stock after acquiring an additional 15,723 shares during the quarter. iShares Interest Rate Hedged High Yield Bond ETF comprises 2.2% of MinichMacGregor Wealth Management LLC’s portfolio, making the stock its 13th biggest position. MinichMacGregor Wealth Management LLC owned about 2.69% of iShares Interest Rate Hedged High Yield Bond ETF worth $12,539,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of HYGH. Advisory Services Network LLC acquired a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 3rd quarter valued at about $58,000. Anfield Capital Management LLC grew its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 39.1% during the 4th quarter. Anfield Capital Management LLC now owns 1,971 shares of the company’s stock worth $170,000 after purchasing an additional 554 shares during the period. OxenFree Capital LLC acquired a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 1st quarter worth approximately $202,000. Van Diest Capital LLC acquired a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter worth approximately $210,000. Finally, Strategic Blueprint LLC acquired a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 4th quarter worth approximately $212,000.

iShares Interest Rate Hedged High Yield Bond ETF Stock Performance

NYSEARCA HYGH opened at $86.49 on Thursday. The firm has a market capitalization of $484.34 million, a price-to-earnings ratio of 10.74 and a beta of 0.27. iShares Interest Rate Hedged High Yield Bond ETF has a one year low of $84.78 and a one year high of $87.19. The company’s 50 day moving average price is $86.48 and its 200 day moving average price is $86.25.

About iShares Interest Rate Hedged High Yield Bond ETF

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.