Commons Capital LLC Buys New Stake in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Commons Capital LLC purchased a new stake in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 10,166 shares of the company’s stock, valued at approximately $666,000.

Several other hedge funds also recently added to or reduced their stakes in HYHG. Sound Income Strategies LLC lifted its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 3.9% during the third quarter. Sound Income Strategies LLC now owns 90,114 shares of the company’s stock worth $5,840,000 after purchasing an additional 3,343 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in ProShares High Yield-Interest Rate Hedged ETF by 48.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 74,667 shares of the company’s stock worth $4,839,000 after buying an additional 24,226 shares in the last quarter. MML Investors Services LLC lifted its holdings in ProShares High Yield-Interest Rate Hedged ETF by 14.7% in the 3rd quarter. MML Investors Services LLC now owns 52,734 shares of the company’s stock worth $3,417,000 after buying an additional 6,762 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in ProShares High Yield-Interest Rate Hedged ETF by 7.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,026 shares of the company’s stock valued at $2,311,000 after buying an additional 2,625 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 71.3% during the third quarter. Jane Street Group LLC now owns 14,787 shares of the company’s stock valued at $958,000 after acquiring an additional 6,154 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Trading Up 0.9 %

BATS:HYHG opened at $66.32 on Wednesday. ProShares High Yield-Interest Rate Hedged ETF has a one year low of $65.87 and a one year high of $70.22. The business’s 50-day simple moving average is $65.70 and its 200 day simple moving average is $64.90.

ProShares High Yield-Interest Rate Hedged ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.3489 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys.