United Advisor Group LLC Has $752,000 Stake in iShares Interest Rate Hedged High Yield Bond ETF $HYGH

United Advisor Group LLC lifted its position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 20.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,694 shares of the company’s stock after buying an additional 1,501 shares during the quarter. United Advisor Group LLC owned about 0.18% of iShares Interest Rate Hedged High Yield Bond ETF worth $752,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in HYGH. Harbour Investments Inc. lifted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 107.1% in the first quarter. Harbour Investments Inc. now owns 377 shares of the company’s stock valued at $32,000 after acquiring an additional 195 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 2nd quarter worth $53,000. Anfield Capital Management LLC raised its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 39.0% during the 1st quarter. Anfield Capital Management LLC now owns 1,366 shares of the company’s stock valued at $116,000 after purchasing an additional 383 shares in the last quarter. Advisors Preferred LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 2nd quarter valued at $140,000. Finally, Compound Planning Inc. lifted its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 5.3% in the 1st quarter. Compound Planning Inc. now owns 2,479 shares of the company’s stock valued at $211,000 after purchasing an additional 124 shares during the last quarter.

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

Shares of NYSEARCA:HYGH opened at $85.53 on Wednesday. The stock has a market capitalization of $427.65 million, a PE ratio of 10.74 and a beta of 0.28. iShares Interest Rate Hedged High Yield Bond ETF has a 1 year low of $78.23 and a 1 year high of $87.69. The firm has a fifty day moving average price of $86.21 and a 200 day moving average price of $86.09.

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.