Harbour Investments Inc. Grows Stock Holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Harbour Investments Inc. raised its position in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 107.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 377 shares of the company’s stock after purchasing an additional 195 shares during the period. Harbour Investments Inc.’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $32,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HYGH. Glass Jacobson Investment Advisors llc raised its position in iShares Interest Rate Hedged High Yield Bond ETF by 258.6% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 2,019 shares of the company’s stock valued at $174,000 after purchasing an additional 1,456 shares in the last quarter. ORG Partners LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the first quarter valued at about $273,000. HBW Advisory Services LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the first quarter valued at about $321,000. Westbourne Investments Inc. purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the fourth quarter valued at about $352,000. Finally, United Advisor Group LLC purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the fourth quarter valued at about $389,000.

iShares Interest Rate Hedged High Yield Bond ETF Trading Up 0.2%

HYGH opened at $86.09 on Friday. The company has a market cap of $426.15 million, a P/E ratio of 10.74 and a beta of 0.38. The business’s 50-day moving average price is $86.14 and its 200-day moving average price is $85.65. iShares Interest Rate Hedged High Yield Bond ETF has a 12 month low of $78.23 and a 12 month high of $87.69.

iShares Interest Rate Hedged High Yield Bond ETF Company 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.