Retirement Capital Strategies Purchases Shares of 15,008 ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Retirement Capital Strategies acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,008 shares of the company’s stock, valued at approximately $984,000. Retirement Capital Strategies owned about 0.70% of ProShares High Yield-Interest Rate Hedged ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of HYHG. Farther Finance Advisors LLC acquired a new stake in ProShares High Yield-Interest Rate Hedged ETF during the third quarter worth about $107,000. Oppenheimer & Co. Inc. acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the 3rd quarter worth approximately $201,000. International Assets Investment Management LLC acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the 4th quarter worth approximately $220,000. Geneos Wealth Management Inc. increased its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 9.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 6,372 shares of the company’s stock valued at $418,000 after purchasing an additional 537 shares in the last quarter. Finally, KKM Financial LLC lifted its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 48.5% in the 3rd quarter. KKM Financial LLC now owns 7,759 shares of the company’s stock valued at $503,000 after purchasing an additional 2,534 shares during the period.

ProShares High Yield-Interest Rate Hedged ETF Stock Performance

HYHG stock opened at $64.66 on Tuesday. ProShares High Yield-Interest Rate Hedged ETF has a one year low of $65.87 and a one year high of $70.22. The firm’s fifty day moving average is $65.85 and its 200 day moving average is $65.35.

ProShares High Yield-Interest Rate Hedged ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 7th. Stockholders of record on Monday, March 3rd were given a dividend of $0.373 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.37.

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.