8,411 Shares in ProShares High Yield-Interest Rate Hedged ETF $HYHG Purchased by Claro Advisors LLC

Claro Advisors LLC purchased a new stake in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,411 shares of the company’s stock, valued at approximately $548,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tactive Advisors LLC grew its position in ProShares High Yield-Interest Rate Hedged ETF by 137.5% during the 3rd quarter. Tactive Advisors LLC now owns 16,425 shares of the company’s stock worth $1,070,000 after acquiring an additional 9,510 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of ProShares High Yield-Interest Rate Hedged ETF during the second quarter valued at about $604,000. Envestnet Asset Management Inc. grew its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 7.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 55,945 shares of the company’s stock worth $3,625,000 after acquiring an additional 3,793 shares during the period. Cetera Investment Advisers raised its holdings in ProShares High Yield-Interest Rate Hedged ETF by 4.2% in the second quarter. Cetera Investment Advisers now owns 71,386 shares of the company’s stock worth $4,626,000 after purchasing an additional 2,874 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 79.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,895 shares of the company’s stock worth $2,235,000 after acquiring an additional 15,459 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Trading Up 0.3%

Shares of BATS:HYHG opened at $63.95 on Thursday. The stock has a fifty day simple moving average of $64.61 and a two-hundred day simple moving average of $64.54. ProShares High Yield-Interest Rate Hedged ETF has a 12-month low of $59.65 and a 12-month high of $66.34.

ProShares High Yield-Interest Rate Hedged ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 6th. Investors of record on Monday, March 2nd will be given a dividend of $0.3426 per share. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.4%.

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. HYHG was launched on May 21, 2013 and is managed by ProShares.