Global Retirement Partners LLC Makes New Investment in ProShares High Yield-Interest Rate Hedged ETF $HYHG

Global Retirement Partners LLC acquired a new position in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 9,322 shares of the company’s stock, valued at approximately $604,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in ProShares High Yield-Interest Rate Hedged ETF by 344.4% in the first quarter. NewEdge Advisors LLC now owns 1,111 shares of the company’s stock valued at $71,000 after acquiring an additional 861 shares during the period. HighTower Advisors LLC purchased a new position in shares of ProShares High Yield-Interest Rate Hedged ETF during the 1st quarter valued at approximately $508,000. Royal Bank of Canada lifted its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 2.2% in the 1st quarter. Royal Bank of Canada now owns 8,666 shares of the company’s stock valued at $555,000 after purchasing an additional 190 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 43.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 9,164 shares of the company’s stock valued at $587,000 after purchasing an additional 2,792 shares during the period. Finally, Avantax Advisory Services Inc. boosted its holdings in ProShares High Yield-Interest Rate Hedged ETF by 89.3% during the first quarter. Avantax Advisory Services Inc. now owns 9,662 shares of the company’s stock worth $619,000 after buying an additional 4,559 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Stock Performance

HYHG stock opened at $64.45 on Friday. ProShares High Yield-Interest Rate Hedged ETF has a one year low of $59.66 and a one year high of $66.96. The firm’s fifty day moving average is $64.43 and its 200 day moving average is $64.56.

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.