Larry Mathis Financial Planning LLC acquired a new position in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG – Free Report) in the 4th quarter, Holdings Channel reports. The fund acquired 86,077 shares of the company’s stock, valued at approximately $5,543,000. ProShares High Yield-Interest Rate Hedged ETF accounts for about 4.9% of Larry Mathis Financial Planning LLC’s portfolio, making the stock its biggest holding.
Several other hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 2.2% in the first quarter. Royal Bank of Canada now owns 8,666 shares of the company’s stock worth $555,000 after acquiring an additional 190 shares during the last quarter. Mariner LLC increased its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 3.2% during the 4th quarter. Mariner LLC now owns 7,607 shares of the company’s stock worth $490,000 after purchasing an additional 235 shares during the period. HighTower Advisors LLC increased its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 3.6% during the 4th quarter. HighTower Advisors LLC now owns 10,499 shares of the company’s stock worth $676,000 after purchasing an additional 366 shares during the period. Anchor Investment Management LLC acquired a new position in shares of ProShares High Yield-Interest Rate Hedged ETF during the fourth quarter valued at about $32,000. Finally, CoreCap Advisors LLC raised its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 14.8% during the fourth quarter. CoreCap Advisors LLC now owns 3,969 shares of the company’s stock valued at $256,000 after buying an additional 511 shares during the last quarter.
ProShares High Yield-Interest Rate Hedged ETF Stock Performance
BATS HYHG opened at $64.91 on Friday. ProShares High Yield-Interest Rate Hedged ETF has a twelve month low of $63.00 and a twelve month high of $66.34. The firm has a 50-day simple moving average of $64.73 and a 200 day simple moving average of $64.48.
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.
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Want to see what other hedge funds are holding HYHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG – Free Report).
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