ProShares High Yield-Interest Rate Hedged ETF $HYHG Stock Purchased by Larry Mathis Financial Planning LLC

Larry Mathis Financial Planning LLC grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 12.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,541 shares of the company’s stock after purchasing an additional 11,269 shares during the quarter. ProShares High Yield-Interest Rate Hedged ETF makes up 5.7% of Larry Mathis Financial Planning LLC’s portfolio, making the stock its 3rd largest holding. Larry Mathis Financial Planning LLC owned about 4.09% of ProShares High Yield-Interest Rate Hedged ETF worth $6,646,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in HYHG. Envestnet Asset Management Inc. lifted its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 73,756 shares of the company’s stock worth $4,785,000 after purchasing an additional 655 shares during the last quarter. Tactive Advisors LLC boosted its position in ProShares High Yield-Interest Rate Hedged ETF by 119.0% during the 3rd quarter. Tactive Advisors LLC now owns 40,697 shares of the company’s stock valued at $2,612,000 after purchasing an additional 22,118 shares during the period. The Manufacturers Life Insurance Company acquired a new position in ProShares High Yield-Interest Rate Hedged ETF during the 2nd quarter valued at approximately $2,297,000. Cetera Investment Advisers grew its stake in ProShares High Yield-Interest Rate Hedged ETF by 11.3% during the 1st quarter. Cetera Investment Advisers now owns 15,116 shares of the company’s stock worth $963,000 after buying an additional 1,533 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in ProShares High Yield-Interest Rate Hedged ETF by 2.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 10,341 shares of the company’s stock worth $659,000 after buying an additional 294 shares during the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Stock Performance

Shares of HYHG opened at $63.13 on Tuesday. ProShares High Yield-Interest Rate Hedged ETF has a 12 month low of $62.75 and a 12 month high of $65.97. The stock has a fifty day moving average price of $64.27 and a 200 day moving average price of $64.50.

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. HYHG was launched on May 21, 2013 and is managed by ProShares.