ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Shares Acquired by Stephens Inc. AR

Stephens Inc. AR raised its holdings in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 21.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 63,732 shares of the company’s stock after acquiring an additional 11,197 shares during the period. Stephens Inc. AR owned approximately 1.66% of ProShares Investment Grade Interest Rate Hedged worth $4,982,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the 3rd quarter valued at about $25,000. B. Riley Wealth Advisors Inc. boosted its position in shares of ProShares Investment Grade Interest Rate Hedged by 4.1% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 4,176 shares of the company’s stock worth $324,000 after acquiring an additional 165 shares in the last quarter. KKM Financial LLC raised its holdings in ProShares Investment Grade Interest Rate Hedged by 138.6% during the third quarter. KKM Financial LLC now owns 6,763 shares of the company’s stock worth $521,000 after purchasing an additional 3,928 shares in the last quarter. Empirical Asset Management LLC purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the third quarter valued at $525,000. Finally, Rockefeller Capital Management L.P. purchased a new position in ProShares Investment Grade Interest Rate Hedged during the 3rd quarter worth approximately $802,000.

ProShares Investment Grade Interest Rate Hedged Stock Performance

Shares of IGHG stock opened at $77.94 on Tuesday. The stock’s 50-day moving average price is $78.20 and its 200 day moving average price is $77.39. 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 firm also recently declared a dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, February 3rd were given 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.