International Assets Investment Management LLC Takes Position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

International Assets Investment Management LLC acquired a new position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,094 shares of the company’s stock, valued at approximately $1,062,000.

A number of other hedge funds have also bought and sold shares of IGHG. Commonwealth Equity Services LLC lifted its position in shares of ProShares Investment Grade Interest Rate Hedged by 3.4% during the third quarter. Commonwealth Equity Services LLC now owns 15,413 shares of the company’s stock worth $1,141,000 after acquiring an additional 512 shares in the last quarter. TBH Global Asset Management LLC bought a new stake in shares of ProShares Investment Grade Interest Rate Hedged during the 3rd quarter valued at $402,000. Simplex Trading LLC bought a new stake in shares of ProShares Investment Grade Interest Rate Hedged during the 3rd quarter valued at $70,000. Commons Capital LLC purchased a new stake in ProShares Investment Grade Interest Rate Hedged during the 3rd quarter worth about $205,000. Finally, Spire Wealth Management boosted its stake in ProShares Investment Grade Interest Rate Hedged by 27.8% in the 3rd quarter. Spire Wealth Management now owns 934 shares of the company’s stock worth $69,000 after purchasing an additional 203 shares during the period.

ProShares Investment Grade Interest Rate Hedged Trading Up 0.3 %

Shares of IGHG opened at $76.65 on Tuesday. ProShares Investment Grade Interest Rate Hedged has a twelve month low of $75.13 and a twelve month high of $78.88. The business’s 50-day moving average price is $76.38 and its 200-day moving average price is $75.62.

ProShares Investment Grade Interest Rate Hedged Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 8th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.3302 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32.

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.