B. Riley Wealth Advisors Inc. Has $260,000 Stock Position in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

B. Riley Wealth Advisors Inc. reduced its stake in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 66.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,012 shares of the company’s stock after selling 7,933 shares during the quarter. B. Riley Wealth Advisors Inc. owned about 0.19% of ProShares High Yield-Interest Rate Hedged ETF worth $260,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Rothschild Investment LLC acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the second quarter worth $218,000. Howard Capital Management Inc. raised its stake in ProShares High Yield-Interest Rate Hedged ETF by 15.5% in the 2nd quarter. Howard Capital Management Inc. now owns 10,155 shares of the company’s stock worth $651,000 after purchasing an additional 1,361 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in ProShares High Yield-Interest Rate Hedged ETF by 7.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,026 shares of the company’s stock worth $2,311,000 after purchasing an additional 2,625 shares in the last quarter. Concourse Financial Group Securities Inc. grew its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 48.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 74,667 shares of the company’s stock worth $4,839,000 after purchasing an additional 24,226 shares in the last quarter. Finally, Sound Income Strategies LLC grew its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 3.9% during the 3rd quarter. Sound Income Strategies LLC now owns 90,114 shares of the company’s stock worth $5,840,000 after purchasing an additional 3,343 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Trading Up 0.0 %

BATS HYHG opened at $65.48 on Friday. The company has a 50 day moving average of $65.54 and a 200-day moving average of $64.64. ProShares High Yield-Interest Rate Hedged ETF has a 1-year low of $65.87 and a 1-year high of $70.22.

ProShares High Yield-Interest Rate Hedged ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a $0.3489 dividend. The ex-dividend date is Monday, December 23rd.

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.