Inspire Advisors LLC Has $5.23 Million Stock Holdings in iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Inspire Advisors LLC lifted its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 18.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,225 shares of the company’s stock after purchasing an additional 9,438 shares during the quarter. iShares Interest Rate Hedged High Yield Bond ETF accounts for 0.5% of Inspire Advisors LLC’s holdings, making the stock its 20th biggest holding. Inspire Advisors LLC owned approximately 1.20% of iShares Interest Rate Hedged High Yield Bond ETF worth $5,230,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the third quarter worth about $34,000. Ameritas Advisory Services LLC acquired a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 2nd quarter worth approximately $53,000. Advisors Preferred LLC acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF during the second quarter valued at approximately $140,000. Synergy Asset Management LLC bought a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the third quarter worth $241,000. Finally, Capital Advisory Group Advisory Services LLC bought a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the third quarter worth $242,000.

iShares Interest Rate Hedged High Yield Bond ETF Stock Performance

Shares of HYGH opened at $86.88 on Monday. iShares Interest Rate Hedged High Yield Bond ETF has a 52-week low of $78.23 and a 52-week high of $87.69. The firm has a market cap of $451.78 million, a price-to-earnings ratio of 10.74 and a beta of 0.28. The business’s fifty day moving average is $86.21 and its 200-day moving average is $86.25.

About iShares Interest Rate Hedged High Yield Bond ETF

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.