ProShares High Yield-Interest Rate Hedged ETF $HYHG Stock: Larry Mathis Financial Planning LLC Grows Holdings

Larry Mathis Financial Planning LLC boosted its position in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 12.2% in the third quarter, HoldingsChannel.com reports. The firm owned 103,541 shares of the company’s stock after purchasing an additional 11,269 shares during the quarter. ProShares High Yield-Interest Rate Hedged ETF comprises approximately 5.7% of Larry Mathis Financial Planning LLC’s investment portfolio, making the stock its 3rd biggest holding. Larry Mathis Financial Planning LLC’s holdings in ProShares High Yield-Interest Rate Hedged ETF were worth $6,646,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HYHG. Envestnet Asset Management Inc. increased its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 0.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 73,756 shares of the company’s stock valued at $4,785,000 after purchasing an additional 655 shares during the period. Tactive Advisors LLC raised its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 119.0% in the 3rd quarter. Tactive Advisors LLC now owns 40,697 shares of the company’s stock worth $2,612,000 after buying an additional 22,118 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the second quarter valued at $2,297,000. Cetera Investment Advisers lifted its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 11.3% in the first quarter. Cetera Investment Advisers now owns 15,116 shares of the company’s stock valued at $963,000 after buying an additional 1,533 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 2.9% in the first quarter. Geneos Wealth Management Inc. now owns 10,341 shares of the company’s stock valued at $659,000 after buying an additional 294 shares during the period.

ProShares High Yield-Interest Rate Hedged ETF Stock Performance

Shares of ProShares High Yield-Interest Rate Hedged ETF stock opened at $63.13 on Tuesday. The business has a fifty day simple moving average of $64.27 and a 200-day simple moving average of $64.50. ProShares High Yield-Interest Rate Hedged ETF has a fifty-two week low of $62.75 and a fifty-two week high of $65.97.

ProShares High Yield-Interest Rate Hedged ETF 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.