ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) Stock Position Lifted by KKM Financial LLC

KKM Financial LLC increased its position in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 48.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,759 shares of the company’s stock after purchasing an additional 2,534 shares during the period. KKM Financial LLC owned 0.36% of ProShares High Yield-Interest Rate Hedged ETF worth $503,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Howard Capital Management Inc. raised its position in ProShares High Yield-Interest Rate Hedged ETF by 15.5% during the second quarter. Howard Capital Management Inc. now owns 10,155 shares of the company’s stock valued at $651,000 after buying an additional 1,361 shares during the period. Farther Finance Advisors LLC purchased a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the third quarter worth approximately $107,000. Global Retirement Partners LLC boosted its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 35.4% during the third quarter. Global Retirement Partners LLC now owns 8,667 shares of the company’s stock worth $562,000 after purchasing an additional 2,265 shares during the period. Envestnet Asset Management Inc. grew its position in ProShares High Yield-Interest Rate Hedged ETF by 7.9% during the second quarter. Envestnet Asset Management Inc. now owns 36,026 shares of the company’s stock valued at $2,311,000 after purchasing an additional 2,625 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its stake in ProShares High Yield-Interest Rate Hedged ETF by 6.0% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 50,441 shares of the company’s stock valued at $3,235,000 after buying an additional 2,865 shares during the period.

ProShares High Yield-Interest Rate Hedged ETF Trading Up 0.0 %

Shares of BATS:HYHG opened at $65.83 on Friday. The business has a fifty day simple moving average of $65.07 and a 200 day simple moving average of $64.44. ProShares High Yield-Interest Rate Hedged ETF has a 1 year low of $65.87 and a 1 year high of $70.22.

ProShares High Yield-Interest Rate Hedged ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3728 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.36.

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.