Rooted Wealth Advisors Inc. Invests $8.09 Million in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Rooted Wealth Advisors Inc. purchased a new stake in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 93,405 shares of the company’s stock, valued at approximately $8,094,000. iShares Interest Rate Hedged High Yield Bond ETF makes up about 3.2% of Rooted Wealth Advisors Inc.’s investment portfolio, making the stock its 10th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of HYGH. Heritage Oak Wealth Advisors LLC acquired a new stake in iShares Interest Rate Hedged High Yield Bond ETF during the third quarter worth about $4,247,000. Thrivent Financial for Lutherans bought a new stake in shares of iShares Interest Rate Hedged High Yield Bond ETF during the 3rd quarter worth approximately $2,009,000. Jane Street Group LLC increased its stake in iShares Interest Rate Hedged High Yield Bond ETF by 345.0% in the third quarter. Jane Street Group LLC now owns 28,487 shares of the company’s stock valued at $2,457,000 after acquiring an additional 22,085 shares during the last quarter. Ibex Wealth Advisors acquired a new position in iShares Interest Rate Hedged High Yield Bond ETF during the fourth quarter valued at approximately $1,788,000. Finally, Foundations Investment Advisors LLC lifted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 24.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 67,051 shares of the company’s stock worth $5,790,000 after purchasing an additional 13,266 shares during the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Stock Up 0.2 %

Shares of HYGH stock opened at $87.15 on Friday. iShares Interest Rate Hedged High Yield Bond ETF has a fifty-two week low of $81.37 and a fifty-two week high of $87.69. The stock’s fifty day moving average price is $86.72 and its two-hundred day moving average price is $86.09.

iShares Interest Rate Hedged High Yield Bond ETF Company 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.