Stephens Inc. AR Raises Stock Holdings in ProShares Investment Grade Interest Rate Hedged $IGHG

Stephens Inc. AR boosted its stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 68,314 shares of the company’s stock after buying an additional 163 shares during the period. Stephens Inc. AR’s holdings in ProShares Investment Grade Interest Rate Hedged were worth $5,352,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Empirical Asset Management LLC raised its holdings in ProShares Investment Grade Interest Rate Hedged by 2.7% in the 2nd quarter. Empirical Asset Management LLC now owns 8,317 shares of the company’s stock valued at $652,000 after buying an additional 220 shares during the period. Trademark Financial Management LLC raised its holdings in ProShares Investment Grade Interest Rate Hedged by 3.9% in the 1st quarter. Trademark Financial Management LLC now owns 6,916 shares of the company’s stock valued at $532,000 after buying an additional 260 shares during the period. Private Trust Co. NA raised its holdings in ProShares Investment Grade Interest Rate Hedged by 155.3% in the 1st quarter. Private Trust Co. NA now owns 526 shares of the company’s stock valued at $40,000 after buying an additional 320 shares during the period. Comerica Bank raised its holdings in ProShares Investment Grade Interest Rate Hedged by 17.1% in the 1st quarter. Comerica Bank now owns 2,952 shares of the company’s stock valued at $227,000 after buying an additional 432 shares during the period. Finally, Optimum Investment Advisors purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the 1st quarter valued at about $47,000.

ProShares Investment Grade Interest Rate Hedged Stock Performance

Shares of IGHG opened at $78.48 on Wednesday. ProShares Investment Grade Interest Rate Hedged has a 12-month low of $70.68 and a 12-month high of $79.14. The company’s 50-day moving average price is $78.75 and its 200 day moving average price is $77.95.

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.