iShares Interest Rate Hedged High Yield Bond ETF $HYGH Shares Newly Bought by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 70,260 shares of the company’s stock, valued at approximately $6,016,000. Sowell Financial Services LLC owned approximately 0.93% of iShares Interest Rate Hedged High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. ARS Wealth Advisors Group LLC raised its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 60.0% in the 3rd quarter. ARS Wealth Advisors Group LLC now owns 575,111 shares of the company’s stock worth $49,247,000 after acquiring an additional 215,708 shares during the last quarter. AdvisorNet Financial Inc bought a new position in iShares Interest Rate Hedged High Yield Bond ETF in the 3rd quarter valued at approximately $8,027,000. Diversify Advisory Services LLC boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 136.2% during the 3rd quarter. Diversify Advisory Services LLC now owns 58,351 shares of the company’s stock valued at $4,959,000 after purchasing an additional 33,643 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 17.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 103,948 shares of the company’s stock valued at $9,003,000 after purchasing an additional 15,486 shares during the last quarter. Finally, Sigma Planning Corp boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 407.2% during the 1st quarter. Sigma Planning Corp now owns 13,014 shares of the company’s stock valued at $1,114,000 after purchasing an additional 10,448 shares during the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Stock Down 0.2%

HYGH opened at $85.20 on Friday. The stock has a market capitalization of $643.26 million, a price-to-earnings ratio of 10.74 and a beta of 0.28. The firm has a 50 day moving average price of $85.88 and a 200-day moving average price of $86.19. iShares Interest Rate Hedged High Yield Bond ETF has a twelve month low of $84.25 and a twelve month high of $87.19.

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.