Picton Mahoney Asset Management Has $1.10 Million Position in ProShares Investment Grade Interest Rate Hedged (IGHG)

Picton Mahoney Asset Management boosted its stake in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 23.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,540 shares of the company’s stock after acquiring an additional 2,780 shares during the quarter. Picton Mahoney Asset Management’s holdings in ProShares Investment Grade Interest Rate Hedged were worth $1,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Citadel Advisors LLC purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the 2nd quarter worth approximately $385,000. Commonwealth Equity Services LLC lifted its holdings in ProShares Investment Grade Interest Rate Hedged by 112.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 7,899 shares of the company’s stock worth $584,000 after buying an additional 4,189 shares during the period. Janney Montgomery Scott LLC lifted its holdings in ProShares Investment Grade Interest Rate Hedged by 135.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 8,483 shares of the company’s stock worth $643,000 after buying an additional 4,874 shares during the period. Financial Advocates Investment Management lifted its holdings in ProShares Investment Grade Interest Rate Hedged by 13.8% in the 2nd quarter. Financial Advocates Investment Management now owns 12,249 shares of the company’s stock worth $902,000 after buying an additional 1,488 shares during the period. Finally, Fagan Associates Inc. purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the 2nd quarter worth approximately $981,000.

BATS IGHG opened at $74.61 on Friday. ProShares Investment Grade Interest Rate Hedged has a fifty-two week low of $75.13 and a fifty-two week high of $78.88.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 8th. Shareholders of record on Friday, November 2nd were issued a $0.2555 dividend. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $3.07 annualized dividend and a yield of 4.11%. This is a boost from ProShares Investment Grade Interest Rate Hedged’s previous monthly dividend of $0.24.

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Institutional Ownership by Quarter for ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

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