Focus Financial Network Inc. Has $2.25 Million Stock Position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Focus Financial Network Inc. increased its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,035 shares of the company’s stock after buying an additional 1,805 shares during the period. Focus Financial Network Inc. owned 0.93% of iShares Interest Rate Hedged High Yield Bond ETF worth $2,248,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Sunbelt Securities Inc. lifted its position in iShares Interest Rate Hedged High Yield Bond ETF by 171.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 293 shares of the company’s stock worth $25,000 after buying an additional 185 shares in the last quarter. Centaurus Financial Inc. raised its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 7.1% during the 3rd quarter. Centaurus Financial Inc. now owns 3,199 shares of the company’s stock worth $276,000 after purchasing an additional 212 shares during the last quarter. Highline Wealth Partners LLC bought a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter worth about $41,000. Nations Financial Group Inc. IA ADV raised its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 19.5% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 3,495 shares of the company’s stock worth $301,000 after purchasing an additional 571 shares during the last quarter. Finally, US Bancorp DE raised its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 4,066.7% during the 3rd quarter. US Bancorp DE now owns 1,125 shares of the company’s stock worth $97,000 after purchasing an additional 1,098 shares during the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Price Performance

Shares of NYSEARCA:HYGH opened at $87.01 on Wednesday. iShares Interest Rate Hedged High Yield Bond ETF has a 1-year low of $81.37 and a 1-year high of $87.69. The business has a 50-day moving average price of $86.71 and a two-hundred day moving average price of $86.08.

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.