Comerica Securities Inc. increased its position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 4.2% in the 4th quarter, Holdings Channel reports. The fund owned 24,908 shares of the company’s stock after purchasing an additional 1,003 shares during the period. Comerica Securities Inc.’s holdings in iShares Interest Rate Hedged High Yield Bond ETF were worth $2,132,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently made changes to their positions in HYGH. Allianz Asset Management GmbH bought a new position in iShares Interest Rate Hedged High Yield Bond ETF in the 3rd quarter worth about $12,978,000. NorthCoast Asset Management LLC bought a new position in iShares Interest Rate Hedged High Yield Bond ETF in the 3rd quarter worth about $9,239,000. Richard Bernstein Advisors LLC boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 15.4% in the 3rd quarter. Richard Bernstein Advisors LLC now owns 439,764 shares of the company’s stock worth $40,598,000 after purchasing an additional 58,681 shares during the period. Private Advisor Group LLC boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 498.5% in the 3rd quarter. Private Advisor Group LLC now owns 38,090 shares of the company’s stock worth $3,516,000 after purchasing an additional 31,726 shares during the period. Finally, Assetmark Inc. boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 32,206.3% in the 3rd quarter. Assetmark Inc. now owns 15,507 shares of the company’s stock worth $1,432,000 after purchasing an additional 15,459 shares during the period.
Shares of HYGH opened at $88.58 on Tuesday. iShares Interest Rate Hedged High Yield Bond ETF has a 12-month low of $82.62 and a 12-month high of $94.10.
Further Reading: What is systematic risk?
Want to see what other hedge funds are holding HYGH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH).
Receive News & Ratings for iShares Interest Rate Hedged High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Interest Rate Hedged High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.