Commons Capital LLC Acquires Shares of 10,166 ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Commons Capital LLC bought a new position in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,166 shares of the company’s stock, valued at approximately $666,000. Commons Capital LLC owned approximately 0.48% of ProShares High Yield-Interest Rate Hedged ETF at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Empirical Asset Management LLC grew its position in ProShares High Yield-Interest Rate Hedged ETF by 13.9% during the fourth quarter. Empirical Asset Management LLC now owns 9,407 shares of the company’s stock worth $617,000 after buying an additional 1,146 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the third quarter valued at $107,000. Global Retirement Partners LLC increased its position in ProShares High Yield-Interest Rate Hedged ETF by 35.4% during the 3rd quarter. Global Retirement Partners LLC now owns 8,667 shares of the company’s stock worth $562,000 after purchasing an additional 2,265 shares in the last quarter. KKM Financial LLC raised its stake in ProShares High Yield-Interest Rate Hedged ETF by 48.5% in the 3rd quarter. KKM Financial LLC now owns 7,759 shares of the company’s stock valued at $503,000 after purchasing an additional 2,534 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings 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 valued at $2,311,000 after purchasing an additional 2,625 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Stock Up 0.9 %

ProShares High Yield-Interest Rate Hedged ETF stock opened at $66.32 on Wednesday. The firm’s 50-day moving average is $65.70 and its two-hundred day moving average is $64.90. ProShares High Yield-Interest Rate Hedged ETF has a 12-month low of $65.87 and a 12-month high of $70.22.

ProShares High Yield-Interest Rate Hedged ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.3489 dividend. The ex-dividend date was 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.