Focus Financial Network Inc. Has $2.09 Million Position in iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH)

Focus Financial Network Inc. increased its position in shares of iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,230 shares of the company’s stock after buying an additional 390 shares during the quarter. Focus Financial Network Inc. owned 0.87% of iShares Interest Rate Hedged High Yield Bond ETF worth $2,090,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HYGH. MinichMacGregor Wealth Management LLC raised its holdings in iShares Interest Rate Hedged High Yield Bond ETF by 83.4% in the 2nd quarter. MinichMacGregor Wealth Management LLC now owns 147,730 shares of the company’s stock valued at $12,557,000 after acquiring an additional 67,173 shares in the last quarter. Sound Income Strategies LLC lifted its position in iShares Interest Rate Hedged High Yield Bond ETF by 5.0% in the third quarter. Sound Income Strategies LLC now owns 67,233 shares of the company’s stock worth $5,798,000 after purchasing an additional 3,226 shares during the period. KFG Wealth Management LLC boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 6.7% during the second quarter. KFG Wealth Management LLC now owns 61,367 shares of the company’s stock worth $5,216,000 after buying an additional 3,863 shares in the last quarter. Foundations Investment Advisors LLC boosted its stake in iShares Interest Rate Hedged High Yield Bond ETF by 14.9% during the third quarter. Foundations Investment Advisors LLC now owns 53,785 shares of the company’s stock worth $4,638,000 after buying an additional 6,994 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its stake in shares of iShares Interest Rate Hedged High Yield Bond ETF by 39.8% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 50,081 shares of the company’s stock valued at $4,257,000 after buying an additional 14,258 shares in the last quarter.

iShares Interest Rate Hedged High Yield Bond ETF Stock Performance

Shares of HYGH stock opened at $86.50 on Friday. The firm has a fifty day moving average of $85.75 and a 200-day moving average of $85.31. iShares Interest Rate Hedged High Yield Bond ETF has a 52-week low of $81.37 and a 52-week high of $86.76.

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.