Janney Montgomery Scott LLC Purchases New Holdings in ProShares High Yield-Interest Rate Hedged ETF (HYHG)

Janney Montgomery Scott LLC purchased a new stake in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,370 shares of the company’s stock, valued at approximately $573,000.

Several other institutional investors have also added to or reduced their stakes in HYHG. Wells Fargo & Company MN raised its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 28.0% in the third quarter. Wells Fargo & Company MN now owns 90,978 shares of the company’s stock valued at $6,231,000 after buying an additional 19,926 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in shares of ProShares High Yield-Interest Rate Hedged ETF in the second quarter valued at about $419,000. Mutual Advisors LLC bought a new stake in ProShares High Yield-Interest Rate Hedged ETF during the 2nd quarter worth about $204,000. Finally, Centaurus Financial Inc. bought a new stake in ProShares High Yield-Interest Rate Hedged ETF during the 2nd quarter worth about $103,000.

Shares of BATS:HYHG opened at $65.73 on Friday. ProShares High Yield-Interest Rate Hedged ETF has a 1-year low of $65.87 and a 1-year high of $70.22.

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 8th. Shareholders of record on Friday, November 2nd were issued a dividend of $0.3348 per share. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $4.02 annualized dividend and a yield of 6.11%.

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Want to see what other hedge funds are holding HYHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG).

Institutional Ownership by Quarter for ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

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