MinichMacGregor Wealth Management LLC Grows Stock Holdings in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

MinichMacGregor Wealth Management LLC boosted its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 5.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 155,653 shares of the company’s stock after buying an additional 7,923 shares during the period. iShares Interest Rate Hedged High Yield Bond ETF makes up about 2.9% of MinichMacGregor Wealth Management LLC’s holdings, making the stock its 6th largest holding. MinichMacGregor Wealth Management LLC owned 5.56% of iShares Interest Rate Hedged High Yield Bond ETF worth $13,424,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HYGH. Heritage Oak Wealth Advisors LLC purchased a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter valued at $4,247,000. New Wave Wealth Advisors LLC bought a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the second quarter worth about $4,071,000. Foundations Investment Advisors LLC purchased a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF in the 2nd quarter worth about $3,977,000. Dark Forest Capital Management LP bought a new position in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 2nd quarter valued at about $3,936,000. Finally, Atria Wealth Solutions Inc. raised its holdings in shares of iShares Interest Rate Hedged High Yield Bond ETF by 39.8% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 50,081 shares of the company’s stock valued at $4,257,000 after buying an additional 14,258 shares in the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Stock Up 0.1 %

NYSEARCA HYGH traded up $0.06 on Tuesday, reaching $86.00. 3,658 shares of the company’s stock traded hands, compared to its average volume of 37,715. iShares Interest Rate Hedged High Yield Bond ETF has a 12 month low of $81.37 and a 12 month high of $86.76. The stock has a 50-day simple moving average of $85.78 and a 200 day simple moving average of $85.34.

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.