Concourse Financial Group Securities Inc. Increases Stock Holdings in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

Concourse Financial Group Securities Inc. raised its holdings in ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 5.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 33,592 shares of the company’s stock after buying an additional 1,755 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in ProShares High Yield-Interest Rate Hedged ETF were worth $2,113,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC purchased a new stake in ProShares High Yield-Interest Rate Hedged ETF during the 3rd quarter worth approximately $29,000. Global Retirement Partners LLC acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the fourth quarter worth $138,000. Geneos Wealth Management Inc. grew its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 43.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 5,094 shares of the company’s stock valued at $320,000 after buying an additional 1,540 shares during the last quarter. WT Wealth Management acquired a new position in shares of ProShares High Yield-Interest Rate Hedged ETF in the 3rd quarter valued at $472,000. Finally, B. Riley Wealth Advisors Inc. raised its stake in ProShares High Yield-Interest Rate Hedged ETF by 3.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 11,945 shares of the company’s stock worth $735,000 after acquiring an additional 344 shares during the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Stock Down 0.2 %

ProShares High Yield-Interest Rate Hedged ETF stock traded down $0.16 during trading hours on Thursday, hitting $64.16. 6,752 shares of the stock traded hands. The firm’s 50 day moving average price is $63.97 and its 200-day moving average price is $63.08. 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 Increases Dividend

The company also recently announced a dividend, which was paid on Monday, April 8th. Investors of record on Tuesday, April 2nd were given a $0.3606 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.34.

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.