Envestnet Asset Management Inc. Has $3.19 Million Stock Holdings in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Envestnet Asset Management Inc. lifted its stake in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 14.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,710 shares of the company’s stock after purchasing an additional 5,972 shares during the period. Envestnet Asset Management Inc. owned 2.29% of ProShares High Yield-Interest Rate Hedged ETF worth $3,193,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in HYHG. Wells Fargo & Company MN lifted its stake in ProShares High Yield-Interest Rate Hedged ETF by 2.3% in the fourth quarter. Wells Fargo & Company MN now owns 78,458 shares of the company’s stock valued at $5,142,000 after buying an additional 1,779 shares in the last quarter. LPL Financial LLC increased its holdings in ProShares High Yield-Interest Rate Hedged ETF by 8.5% during the 4th quarter. LPL Financial LLC now owns 100,640 shares of the company’s stock worth $6,596,000 after purchasing an additional 7,843 shares in the last quarter. Avantax Advisory Services Inc. acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the 4th quarter valued at about $334,000. Retirement Capital Strategies acquired a new position in shares of ProShares High Yield-Interest Rate Hedged ETF during the fourth quarter worth about $984,000. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 347.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 13,880 shares of the company’s stock worth $910,000 after buying an additional 10,780 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Stock Down 3.1 %

ProShares High Yield-Interest Rate Hedged ETF stock opened at $63.67 on Friday. The company has a fifty day simple moving average of $64.11 and a 200 day simple moving average of $65.11. ProShares High Yield-Interest Rate Hedged ETF has a 1-year low of $59.66 and a 1-year high of $66.96.

ProShares High Yield-Interest Rate Hedged ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were given a dividend of $0.373 per share. The ex-dividend date was Monday, March 3rd. This is an increase from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.37.

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.