Synergy Asset Management LLC Acquires New Stake in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Synergy Asset Management LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,410 shares of the company’s stock, valued at approximately $122,000. Synergy Asset Management LLC owned approximately 0.05% of iShares Interest Rate Hedged High Yield Bond ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in HYGH. Envestnet Asset Management Inc. boosted its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 42.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,289 shares of the company’s stock worth $3,765,000 after purchasing an additional 13,287 shares during the period. Centaurus Financial Inc. acquired a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 2nd quarter valued at $254,000. Brookstone Capital Management purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter worth about $215,000. Sound Income Strategies LLC boosted its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 5.0% in the third quarter. Sound Income Strategies LLC now owns 67,233 shares of the company’s stock valued at $5,798,000 after purchasing an additional 3,226 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its position in shares of iShares Interest Rate Hedged High Yield Bond ETF by 14.9% in the 3rd quarter. Foundations Investment Advisors LLC now owns 53,785 shares of the company’s stock valued at $4,638,000 after buying an additional 6,994 shares during the last quarter.

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

Shares of NYSEARCA HYGH opened at $87.36 on Friday. The stock has a 50 day moving average of $86.72 and a two-hundred day moving average of $85.99. iShares Interest Rate Hedged High Yield Bond ETF has a twelve month low of $81.37 and a twelve month high of $87.69.

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.