Farther Finance Advisors LLC Takes Position in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Farther Finance Advisors LLC bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,646 shares of the company’s stock, valued at approximately $107,000. Farther Finance Advisors LLC owned about 0.08% of ProShares High Yield-Interest Rate Hedged ETF as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Rothschild Investment LLC bought a new position in shares of ProShares High Yield-Interest Rate Hedged ETF during the 2nd quarter worth approximately $218,000. Tactive Advisors LLC bought a new stake in ProShares High Yield-Interest Rate Hedged ETF during the first quarter worth $242,000. Global Retirement Partners LLC boosted its position in ProShares High Yield-Interest Rate Hedged ETF by 35.4% in the third quarter. Global Retirement Partners LLC now owns 8,667 shares of the company’s stock worth $562,000 after purchasing an additional 2,265 shares during the last quarter. Howard Capital Management Inc. grew its stake in ProShares High Yield-Interest Rate Hedged ETF by 15.5% in the 2nd quarter. Howard Capital Management Inc. now owns 10,155 shares of the company’s stock valued at $651,000 after purchasing an additional 1,361 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 36,026 shares of the company’s stock worth $2,311,000 after purchasing an additional 2,625 shares during the period.

ProShares High Yield-Interest Rate Hedged ETF Stock Performance

HYHG opened at $65.74 on Tuesday. ProShares High Yield-Interest Rate Hedged ETF has a fifty-two week low of $65.87 and a fifty-two week high of $70.22. The firm has a 50-day moving average of $64.78 and a 200 day moving average of $64.36.

ProShares High Yield-Interest Rate Hedged ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3728 per share. This is an increase from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.36. The ex-dividend date was Tuesday, September 3rd.

ProShares High Yield-Interest Rate Hedged ETF Company 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.