Global Retirement Partners LLC Increases Position in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Global Retirement Partners LLC grew its position in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 35.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,667 shares of the company’s stock after buying an additional 2,265 shares during the quarter. Global Retirement Partners LLC’s holdings in ProShares High Yield-Interest Rate Hedged ETF were worth $562,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Synergy Asset Management LLC purchased a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the first quarter valued at approximately $7,529,000. Concourse Financial Group Securities Inc. grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 41.6% in the first quarter. Concourse Financial Group Securities Inc. now owns 47,576 shares of the company’s stock worth $3,041,000 after acquiring an additional 13,984 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in ProShares High Yield-Interest Rate Hedged ETF by 29.6% in the first quarter. Geneos Wealth Management Inc. now owns 6,601 shares of the company’s stock worth $422,000 after purchasing an additional 1,507 shares during the period. Tactive Advisors LLC bought a new position in shares of ProShares High Yield-Interest Rate Hedged ETF in the first quarter valued at about $242,000. Finally, Sound Income Strategies LLC increased its position in ProShares High Yield-Interest Rate Hedged ETF by 3.5% in the second quarter. Sound Income Strategies LLC now owns 86,771 shares of the company’s stock worth $5,565,000 after purchasing an additional 2,964 shares during the period.

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

Shares of ProShares High Yield-Interest Rate Hedged ETF stock opened at $65.04 on Monday. The business’s 50 day moving average is $64.38 and its 200-day moving average is $64.19. 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 Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, September 10th. Shareholders of record on Tuesday, September 3rd were paid a $0.3728 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.36.

About ProShares High Yield-Interest Rate Hedged ETF

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.