ProShares Equities for Rising Rates ETF (EQRR) To Go Ex-Dividend on June 22nd

ProShares Equities for Rising Rates ETF (NASDAQ:EQRRGet Rating) declared a quarterly dividend on Tuesday, June 21st, Zacks reports. Stockholders of record on Thursday, June 23rd will be paid a dividend of 0.368 per share on Wednesday, June 29th. This represents a $1.47 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Wednesday, June 22nd. This is a positive change from ProShares Equities for Rising Rates ETF’s previous quarterly dividend of $0.13.

ProShares Equities for Rising Rates ETF stock opened at $45.69 on Thursday. The company has a 50-day moving average price of $51.77 and a 200 day moving average price of $52.29. ProShares Equities for Rising Rates ETF has a 12-month low of $44.65 and a 12-month high of $56.87.

A number of hedge funds have recently made changes to their positions in EQRR. Jane Street Group LLC increased its holdings in ProShares Equities for Rising Rates ETF by 78.5% in the 1st quarter. Jane Street Group LLC now owns 20,554 shares of the company’s stock valued at $1,107,000 after purchasing an additional 9,036 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of ProShares Equities for Rising Rates ETF during the first quarter worth $9,698,000. Atria Wealth Solutions Inc. acquired a new stake in shares of ProShares Equities for Rising Rates ETF in the first quarter valued at $395,000. Founders Financial Securities LLC purchased a new stake in shares of ProShares Equities for Rising Rates ETF in the 1st quarter valued at $1,569,000. Finally, Cetera Investment Advisers acquired a new position in ProShares Equities for Rising Rates ETF during the 1st quarter worth about $3,039,000.

Further Reading

Dividend History for ProShares Equities for Rising Rates ETF (NASDAQ:EQRR)

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