WT Wealth Management Sells 693 Shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

WT Wealth Management lessened its stake in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 11.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,145 shares of the company’s stock after selling 693 shares during the period. WT Wealth Management’s holdings in ProShares High Yield-Interest Rate Hedged ETF were worth $335,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rothschild Investment LLC bought a new stake in ProShares High Yield-Interest Rate Hedged ETF during the second quarter worth about $218,000. Tactive Advisors LLC bought a new stake in ProShares High Yield-Interest Rate Hedged ETF during the first quarter worth about $242,000. Geneos Wealth Management Inc. raised its holdings in ProShares High Yield-Interest Rate Hedged ETF by 29.6% during the first quarter. Geneos Wealth Management Inc. now owns 6,601 shares of the company’s stock worth $422,000 after acquiring an additional 1,507 shares in the last quarter. Global Retirement Partners LLC increased its position in ProShares High Yield-Interest Rate Hedged ETF by 35.4% during the third quarter. Global Retirement Partners LLC now owns 8,667 shares of the company’s stock worth $562,000 after buying an additional 2,265 shares during the last quarter. Finally, Howard Capital Management Inc. increased its position in ProShares High Yield-Interest Rate Hedged ETF by 15.5% during the second quarter. Howard Capital Management Inc. now owns 10,155 shares of the company’s stock worth $651,000 after buying an additional 1,361 shares during the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Price Performance

BATS HYHG traded up $0.16 during trading on Tuesday, reaching $65.20. 7,947 shares of the company’s stock were exchanged. The business has a 50 day moving average price of $64.42 and a 200-day moving average price of $64.20. ProShares High Yield-Interest Rate Hedged ETF has a fifty-two week low of $65.87 and a fifty-two week high of $70.22.

ProShares High Yield-Interest Rate Hedged ETF Increases Dividend

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

ProShares High Yield-Interest Rate Hedged ETF Company 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.