Capital Asset Advisory Services LLC Sells 9,704 Shares of iShares Interest Rate Hedged High Yield Bond ETF $HYGH

Capital Asset Advisory Services LLC reduced its position in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 14.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,161 shares of the company’s stock after selling 9,704 shares during the period. Capital Asset Advisory Services LLC’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $5,114,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HYGH. Royal Bank of Canada raised its position in iShares Interest Rate Hedged High Yield Bond ETF by 12.1% during the 1st quarter. Royal Bank of Canada now owns 15,785 shares of the company’s stock valued at $1,344,000 after purchasing an additional 1,709 shares during the last quarter. Jane Street Group LLC increased its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 291.4% during the first quarter. Jane Street Group LLC now owns 44,532 shares of the company’s stock valued at $3,794,000 after buying an additional 33,154 shares during the period. Cetera Investment Advisers increased its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 6.6% during the second quarter. Cetera Investment Advisers now owns 5,315 shares of the company’s stock valued at $460,000 after buying an additional 329 shares during the period. JPMorgan Chase & Co. bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the second quarter valued at approximately $424,000. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the second quarter valued at approximately $392,000.

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

NYSEARCA:HYGH opened at $86.77 on Thursday. The stock has a market cap of $550.99 million, a P/E ratio of 10.74 and a beta of 0.27. The firm’s fifty day simple moving average is $86.50 and its 200 day simple moving average is $86.26. iShares Interest Rate Hedged High Yield Bond ETF has a twelve month low of $84.78 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.