Envestnet Asset Management Inc. Boosts Stock Position in iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Envestnet Asset Management Inc. boosted its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 13.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,512 shares of the company’s stock after purchasing an additional 7,222 shares during the period. Envestnet Asset Management Inc. owned about 1.21% of iShares Interest Rate Hedged High Yield Bond ETF worth $5,255,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Matauro LLC grew its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 6.9% in the 3rd quarter. Matauro LLC now owns 121,327 shares of the company’s stock worth $10,536,000 after buying an additional 7,872 shares during the last quarter. Rooted Wealth Advisors Inc. raised its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 3.1% during the third quarter. Rooted Wealth Advisors Inc. now owns 97,064 shares of the company’s stock valued at $8,392,000 after acquiring an additional 2,905 shares in the last quarter. Sound Income Strategies LLC lifted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 5.7% in the third quarter. Sound Income Strategies LLC now owns 71,365 shares of the company’s stock worth $6,140,000 after acquiring an additional 3,858 shares during the period. Foundations Investment Advisors LLC boosted its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 4.9% in the third quarter. Foundations Investment Advisors LLC now owns 62,830 shares of the company’s stock valued at $5,456,000 after acquiring an additional 2,942 shares in the last quarter. Finally, Inspire Advisors LLC increased its position in iShares Interest Rate Hedged High Yield Bond ETF by 18.6% during the 3rd quarter. Inspire Advisors LLC now owns 60,225 shares of the company’s stock valued at $5,230,000 after purchasing an additional 9,438 shares during the period.

iShares Interest Rate Hedged High Yield Bond ETF Trading Up 0.1%

Shares of NYSEARCA HYGH opened at $86.46 on Monday. The firm has a fifty day simple moving average of $86.49 and a two-hundred day simple moving average of $86.31. iShares Interest Rate Hedged High Yield Bond ETF has a 12 month low of $78.23 and a 12 month high of $87.44. The firm has a market capitalization of $449.59 million, a PE ratio of 10.74 and a beta of 0.28.

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.