Foundations Investment Advisors LLC Grows Stock Holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Foundations Investment Advisors LLC boosted its holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 24.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 67,051 shares of the company’s stock after purchasing an additional 13,266 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $5,790,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Sunbelt Securities Inc. boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 171.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 293 shares of the company’s stock worth $25,000 after purchasing an additional 185 shares during the period. Highline Wealth Partners LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF during the third quarter valued at approximately $41,000. US Bancorp DE grew its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 4,066.7% during the 3rd quarter. US Bancorp DE now owns 1,125 shares of the company’s stock valued at $97,000 after buying an additional 1,098 shares in the last quarter. Atomi Financial Group Inc. bought a new stake in iShares Interest Rate Hedged High Yield Bond ETF in the 4th quarter worth approximately $203,000. Finally, Brookstone Capital Management purchased a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter worth approximately $215,000.

iShares Interest Rate Hedged High Yield Bond ETF Trading Down 0.2 %

NYSEARCA HYGH opened at $87.36 on Tuesday. The stock has a 50 day moving average price of $86.70 and a 200-day moving average price of $85.96. iShares Interest Rate Hedged High Yield Bond ETF has a one year low of $81.37 and a one year high of $87.69.

iShares Interest Rate Hedged High Yield Bond ETF Profile

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.