ProShares Equities for Rising Rates ETF (NASDAQ:EQRR) Announces Dividend Increase – $0.37 Per Share

ProShares Equities for Rising Rates ETF (NASDAQ:EQRRGet Rating) announced a quarterly dividend on Tuesday, June 21st, Zacks reports. Shareholders of record on Thursday, June 23rd will be given a dividend of 0.368 per share on Wednesday, June 29th. This represents a $1.47 annualized dividend and a 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.

NASDAQ:EQRR opened at $45.69 on Thursday. The stock has a 50-day simple moving average of $51.77 and a two-hundred day simple moving average of $52.29. ProShares Equities for Rising Rates ETF has a 52-week low of $44.65 and a 52-week high of $56.87.

Several institutional investors have recently made changes to their positions in EQRR. JPMorgan Chase & Co. purchased a new position in shares of ProShares Equities for Rising Rates ETF in the first quarter valued at about $10,001,000. Cetera Investment Advisers purchased a new position in shares of ProShares Equities for Rising Rates ETF in the first quarter valued at about $3,039,000. Founders Financial Securities LLC purchased a new position in shares of ProShares Equities for Rising Rates ETF in the first quarter valued at about $1,569,000. Atria Wealth Solutions Inc. purchased a new position in shares of ProShares Equities for Rising Rates ETF in the first quarter valued at about $395,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of ProShares Equities for Rising Rates ETF in the first quarter valued at about $9,698,000.

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

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