Glass Jacobson Investment Advisors llc Has $174,000 Stock Holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Glass Jacobson Investment Advisors llc boosted its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 258.6% during the fourth quarter, HoldingsChannel reports. The fund owned 2,019 shares of the company’s stock after purchasing an additional 1,456 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HYGH. MinichMacGregor Wealth Management LLC grew its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 5.6% in the fourth quarter. MinichMacGregor Wealth Management LLC now owns 164,434 shares of the company’s stock worth $14,199,000 after purchasing an additional 8,781 shares during the last quarter. Kovack Advisors Inc. bought a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 4th quarter valued at about $10,905,000. LPL Financial LLC increased its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 15.8% in the fourth quarter. LPL Financial LLC now owns 118,549 shares of the company’s stock valued at $10,237,000 after buying an additional 16,159 shares during the period. Matauro LLC bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the fourth quarter worth about $8,783,000. Finally, Rooted Wealth Advisors Inc. acquired a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the fourth quarter worth approximately $8,094,000.

iShares Interest Rate Hedged High Yield Bond ETF Stock Performance

NYSEARCA:HYGH opened at $82.90 on Friday. The company has a market capitalization of $414.50 million, a PE ratio of 10.14 and a beta of 0.29. iShares Interest Rate Hedged High Yield Bond ETF has a fifty-two week low of $78.23 and a fifty-two week high of $87.69. The company has a 50 day simple moving average of $85.47 and a two-hundred day simple moving average of $86.18.

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.