16,242 Shares in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Bought by Mission Wealth Management LP

Mission Wealth Management LP bought a new position in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,242 shares of the company’s stock, valued at approximately $1,243,000.

Several other large investors have also added to or reduced their stakes in IGHG. Commonwealth Equity Services LLC lifted its stake in ProShares Investment Grade Interest Rate Hedged by 1.2% in the first quarter. Commonwealth Equity Services LLC now owns 16,656 shares of the company’s stock valued at $1,274,000 after acquiring an additional 192 shares during the last quarter. Capital Analysts LLC lifted its stake in ProShares Investment Grade Interest Rate Hedged by 4.4% in the fourth quarter. Capital Analysts LLC now owns 15,852 shares of the company’s stock valued at $1,195,000 after acquiring an additional 671 shares during the last quarter. O ROURKE & COMPANY Inc lifted its stake in ProShares Investment Grade Interest Rate Hedged by 5.9% in the first quarter. O ROURKE & COMPANY Inc now owns 14,981 shares of the company’s stock valued at $1,146,000 after acquiring an additional 838 shares during the last quarter. LPL Financial LLC raised its position in shares of ProShares Investment Grade Interest Rate Hedged by 2.9% in the third quarter. LPL Financial LLC now owns 69,706 shares of the company’s stock valued at $5,162,000 after purchasing an additional 1,937 shares during the period. Finally, Prospect Financial Services LLC bought a new position in shares of ProShares Investment Grade Interest Rate Hedged in the fourth quarter valued at about $202,000.

ProShares Investment Grade Interest Rate Hedged Price Performance

Shares of IGHG traded up $0.10 during trading hours on Friday, hitting $76.52. The company had a trading volume of 12,270 shares. The business has a fifty day moving average of $76.56 and a 200-day moving average of $76.32. ProShares Investment Grade Interest Rate Hedged has a 12 month low of $75.13 and a 12 month high of $78.88.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, July 9th. Investors of record on Monday, July 1st will be given a dividend of $0.3416 per share. The ex-dividend date of this dividend is Monday, July 1st.

ProShares Investment Grade Interest Rate Hedged 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.