Cetera Investment Advisers acquired a new stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG – Free Report) during the first quarter, the company disclosed in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 22,048 shares of the company’s stock valued at approximately $1,687,000. Cetera Investment Advisers owned 0.58% of ProShares Investment Grade Interest Rate Hedged at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their holdings of IGHG. Prospect Financial Services LLC acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged in the fourth quarter valued at $202,000. Rockport Wealth LLC acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged in the first quarter valued at about $207,000. Opinicus Capital Inc. acquired a new position in ProShares Investment Grade Interest Rate Hedged in the fourth quarter valued at about $367,000. Empirical Financial Services LLC dba Empirical Wealth Management acquired a new position in ProShares Investment Grade Interest Rate Hedged in the fourth quarter valued at about $526,000. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in ProShares Investment Grade Interest Rate Hedged by 32,282.8% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 9,391 shares of the company’s stock valued at $698,000 after acquiring an additional 9,362 shares during the last quarter.
ProShares Investment Grade Interest-hedged price development
BATS:IGHG opened at $75.57 on Wednesday. ProShares Investment Grade Interest Rate Hedged has a 1-year low of $75.13 and a 1-year high of $78.88. The company has a 50-day moving average of $76.18 and a 200-day moving average of $76.39.
ProShares Investment Grade Interest Rate Hedged cuts dividend
The company also recently announced a dividend, which was paid on Tuesday, July 9th. Shareholders of record on Monday, July 1st were paid a dividend of $0.3416 per share. The ex-dividend date of this dividend was Monday, July 1st.
ProShares Investment Grade Interest Rate Hedged Profile
(Free report)
ProShares Investment Grade – Interest Rate Hedged (IGHG) is an exchange-traded fund that invests primarily in investment grade fixed income securities. The fund tracks an index with long exposure to USD-denominated investment grade debt and short exposure to US Treasury securities. The fund aims to minimize interest rate risk.
See also
Want to see which other hedge funds hold IGHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Investment Grade Interest Rate Hedged (BATS:IGHG – Free Report).
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