Cetera Advisors LLC Invests $306,000 in ProShares High Yield-Interest Rate Hedged ETF (HYHG)

Cetera Advisors LLC bought a new position in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) during the first quarter, Holdings Channel reports. The fund bought 4,662 shares of the company’s stock, valued at approximately $306,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. MML Investors Services LLC grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 7.6% during the fourth quarter. MML Investors Services LLC now owns 7,465 shares of the company’s stock worth $463,000 after buying an additional 527 shares during the last quarter. Certified Advisory Corp bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the fourth quarter worth $37,000. Bluefin Trading LLC grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 2.6% during the fourth quarter. Bluefin Trading LLC now owns 45,769 shares of the company’s stock worth $2,842,000 after buying an additional 1,162 shares during the last quarter. Picton Mahoney Asset Management grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 249.5% during the fourth quarter. Picton Mahoney Asset Management now owns 4,980 shares of the company’s stock worth $309,000 after buying an additional 3,555 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 24.2% during the fourth quarter. LPL Financial LLC now owns 21,721 shares of the company’s stock worth $1,349,000 after buying an additional 4,236 shares during the last quarter.

BATS HYHG opened at $65.66 on Tuesday. 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.

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 8th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.3316 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.98 dividend on an annualized basis and a dividend yield of 6.06%.

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Want to see what other hedge funds are holding HYHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG).

Institutional Ownership by Quarter for ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)

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