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

Nations Financial Group Inc. IA ADV grew its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 31.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,720 shares of the company’s stock after acquiring an additional 7,666 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $2,716,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Advisory Services Network LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the third quarter worth approximately $58,000. Anfield Capital Management LLC lifted its position in iShares Interest Rate Hedged High Yield Bond ETF by 39.1% during the fourth quarter. Anfield Capital Management LLC now owns 1,971 shares of the company’s stock valued at $170,000 after purchasing an additional 554 shares during the last quarter. Van Diest Capital LLC bought a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the fourth quarter valued at approximately $210,000. Strategic Blueprint LLC purchased a new position in iShares Interest Rate Hedged High Yield Bond ETF in the 4th quarter worth approximately $212,000. Finally, Trademark Financial Management LLC purchased a new position in iShares Interest Rate Hedged High Yield Bond ETF in the 4th quarter worth approximately $220,000.

iShares Interest Rate Hedged High Yield Bond ETF Price Performance

Shares of NYSEARCA:HYGH opened at $86.76 on Monday. The company’s fifty day moving average price is $86.45 and its 200-day moving average price is $86.24. The firm has a market capitalization of $485.86 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.

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.