Osaic Holdings Inc. Increases Stake in iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Osaic Holdings Inc. grew its position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 26.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 33,101 shares of the company’s stock after buying an additional 6,861 shares during the period. Osaic Holdings Inc. owned approximately 0.67% of iShares Interest Rate Hedged High Yield Bond ETF worth $2,861,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HYGH. Rooted Wealth Advisors Inc. increased its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 3.6% during the second quarter. Rooted Wealth Advisors Inc. now owns 94,159 shares of the company’s stock valued at $8,116,000 after acquiring an additional 3,292 shares in the last quarter. Axxcess Wealth Management LLC boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 431.0% during the 2nd quarter. Axxcess Wealth Management LLC now owns 73,359 shares of the company’s stock valued at $6,348,000 after purchasing an additional 59,543 shares during the last quarter. Capital Asset Advisory Services LLC boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 428.0% during the 2nd quarter. Capital Asset Advisory Services LLC now owns 72,978 shares of the company’s stock valued at $6,316,000 after purchasing an additional 59,156 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 6.1% in the 1st quarter. Raymond James Financial Inc. now owns 52,509 shares of the company’s stock worth $4,474,000 after purchasing an additional 3,005 shares in the last quarter. Finally, Inspire Advisors LLC purchased a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the second quarter worth $4,395,000.

iShares Interest Rate Hedged High Yield Bond ETF Price Performance

Shares of NYSEARCA:HYGH opened at $86.22 on Friday. iShares Interest Rate Hedged High Yield Bond ETF has a 1 year low of $78.23 and a 1 year high of $87.69. The company has a market cap of $431.10 million, a P/E ratio of 10.74 and a beta of 0.28. The stock’s fifty day moving average price is $86.12 and its 200-day moving average price is $86.20.

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. HYGH was launched on May 27, 2014 and is managed by BlackRock.