Capital Advisors Ltd. LLC Increases Stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Capital Advisors Ltd. LLC grew its position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 22.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 28,573 shares of the company’s stock after purchasing an additional 5,257 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in ProShares Investment Grade Interest Rate Hedged were worth $2,234,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in shares of ProShares Investment Grade Interest Rate Hedged by 72,330.5% in the third quarter. International Assets Investment Management LLC now owns 280,306 shares of the company’s stock worth $21,589,000 after purchasing an additional 279,919 shares during the last quarter. Stephens Inc. AR boosted its position in shares of ProShares Investment Grade Interest Rate Hedged by 4.9% during the third quarter. Stephens Inc. AR now owns 52,535 shares of the company’s stock valued at $4,046,000 after buying an additional 2,439 shares during the last quarter. Assetmark Inc. increased its holdings in ProShares Investment Grade Interest Rate Hedged by 392.7% in the 3rd quarter. Assetmark Inc. now owns 132,207 shares of the company’s stock worth $10,183,000 after buying an additional 105,373 shares in the last quarter. KKM Financial LLC raised its position in ProShares Investment Grade Interest Rate Hedged by 138.6% in the 3rd quarter. KKM Financial LLC now owns 6,763 shares of the company’s stock worth $521,000 after buying an additional 3,928 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new position in ProShares Investment Grade Interest Rate Hedged during the 3rd quarter valued at about $802,000.

ProShares Investment Grade Interest Rate Hedged Stock Down 0.2 %

Shares of BATS IGHG opened at $78.01 on Monday. The firm’s 50-day moving average price is $78.22 and its 200-day moving average price is $77.54. ProShares Investment Grade Interest Rate Hedged has a 52-week low of $75.13 and a 52-week high of $78.88.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 7th. Investors of record on Monday, February 3rd were issued a $0.3248 dividend. The ex-dividend date was Monday, February 3rd.

About ProShares Investment Grade Interest Rate Hedged

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.