Sound Income Strategies LLC Has $6.12 Million Stock Position in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Sound Income Strategies LLC lifted its holdings in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 3.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 93,411 shares of the company’s stock after acquiring an additional 3,297 shares during the period. Sound Income Strategies LLC owned approximately 4.39% of ProShares High Yield-Interest Rate Hedged ETF worth $6,122,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Commons Capital LLC acquired a new position in shares of ProShares High Yield-Interest Rate Hedged ETF during the 4th quarter worth approximately $666,000. Empirical Asset Management LLC grew its position in ProShares High Yield-Interest Rate Hedged ETF by 13.9% during the fourth quarter. Empirical Asset Management LLC now owns 9,407 shares of the company’s stock worth $617,000 after buying an additional 1,146 shares in the last quarter. International Assets Investment Management LLC bought a new position in ProShares High Yield-Interest Rate Hedged ETF during the 4th quarter worth $220,000. MML Investors Services LLC raised 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 valued at $3,417,000 after acquiring an additional 6,762 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 71.3% during the 3rd 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 during the period.

ProShares High Yield-Interest Rate Hedged ETF Stock Performance

Shares of BATS HYHG opened at $66.41 on Friday. The stock’s fifty day moving average is $65.71 and its 200 day moving average is $64.91. ProShares High Yield-Interest Rate Hedged ETF has a 52 week low of $65.87 and a 52 week high of $70.22.

ProShares High Yield-Interest Rate Hedged ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.