ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Declares Dividend Increase – $0.33 Per Share

ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) announced a dividend on Thursday, March 28th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be paid a dividend of 0.3302 per share on Monday, April 8th. The ex-dividend date is Monday, April 1st. This is a positive change from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32.

ProShares Investment Grade Interest Rate Hedged Trading Up 0.0 %

BATS:IGHG traded up $0.02 during trading hours on Friday, reaching $76.51. 6,072 shares of the company were exchanged. ProShares Investment Grade Interest Rate Hedged has a 1-year low of $75.13 and a 1-year high of $78.88. The business has a 50 day moving average of $76.31 and a 200 day moving average of $75.29.

Institutional Investors Weigh In On ProShares Investment Grade Interest Rate Hedged

Large investors have recently added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. boosted its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 122.7% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 15,537 shares of the company’s stock valued at $1,105,000 after purchasing an additional 8,559 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 6.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 14,901 shares of the company’s stock valued at $1,085,000 after purchasing an additional 867 shares in the last quarter. Eudaimonia Partners LLC acquired a new stake in shares of ProShares Investment Grade Interest Rate Hedged in the 1st quarter valued at $986,000. Citadel Advisors LLC boosted its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 126.9% in the 4th quarter. Citadel Advisors LLC now owns 12,942 shares of the company’s stock valued at $975,000 after purchasing an additional 7,237 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 6.6% in the 2nd quarter. MML Investors Services LLC now owns 10,291 shares of the company’s stock valued at $749,000 after purchasing an additional 635 shares in the last quarter.

ProShares Investment Grade Interest Rate Hedged Company Profile

The ProShares Investment Grade—Interest Rate Hedged (IGHG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with long exposure to USD-denominated investment-grade debt and short exposure to US Treasurys. The fund aims to minimize interest-rate risk.