MML Investors Services LLC Purchases 6,762 Shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

MML Investors Services LLC boosted its stake in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 14.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,734 shares of the company’s stock after buying an additional 6,762 shares during the period. MML Investors Services LLC’s holdings in ProShares High Yield-Interest Rate Hedged ETF were worth $3,417,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HYHG. Concourse Financial Group Securities Inc. increased its position in ProShares High Yield-Interest Rate Hedged ETF by 48.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 74,667 shares of the company’s stock valued at $4,839,000 after buying an additional 24,226 shares in the last quarter. Jane Street Group LLC increased its position in ProShares High Yield-Interest Rate Hedged ETF by 71.3% during the 3rd quarter. Jane Street Group LLC now owns 14,787 shares of the company’s stock valued at $958,000 after buying an additional 6,154 shares in the last quarter. Rothschild Investment LLC purchased a new stake in ProShares High Yield-Interest Rate Hedged ETF during the 2nd quarter valued at $218,000. Sound Income Strategies LLC boosted its stake in ProShares High Yield-Interest Rate Hedged ETF by 3.9% during the 3rd quarter. Sound Income Strategies LLC now owns 90,114 shares of the company’s stock valued at $5,840,000 after purchasing an additional 3,343 shares during the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new stake in ProShares High Yield-Interest Rate Hedged ETF during the 3rd quarter valued at $201,000.

ProShares High Yield-Interest Rate Hedged ETF Trading Down 0.4 %

Shares of HYHG opened at $65.69 on Friday. ProShares High Yield-Interest Rate Hedged ETF has a 12 month low of $65.87 and a 12 month high of $70.22. The business’s fifty day simple moving average is $65.46 and its two-hundred day simple moving average is $64.60.

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.