ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers trimmed its position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 3.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,828 shares of the company’s stock after selling 717 shares during the period. Cetera Investment Advisers owned approximately 0.54% of ProShares Investment Grade Interest Rate Hedged worth $1,628,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of ProShares Investment Grade Interest Rate Hedged by 9.9% during the 4th quarter. Bank of America Corp DE now owns 178,664 shares of the company’s stock worth $13,966,000 after buying an additional 16,139 shares during the last quarter. Aptus Capital Advisors LLC acquired a new position in ProShares Investment Grade Interest Rate Hedged in the 4th quarter valued at about $106,000. OneDigital Investment Advisors LLC raised its stake in ProShares Investment Grade Interest Rate Hedged by 136.9% in the 4th quarter. OneDigital Investment Advisors LLC now owns 22,920 shares of the company’s stock valued at $1,792,000 after purchasing an additional 13,245 shares during the last quarter. GeoWealth Management LLC raised its stake in ProShares Investment Grade Interest Rate Hedged by 813,877.8% in the 4th quarter. GeoWealth Management LLC now owns 73,258 shares of the company’s stock valued at $5,727,000 after purchasing an additional 73,249 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in ProShares Investment Grade Interest Rate Hedged by 62.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 16,938 shares of the company’s stock valued at $1,324,000 after purchasing an additional 6,521 shares during the last quarter.

ProShares Investment Grade Interest Rate Hedged Stock Performance

IGHG opened at $77.75 on Wednesday. The business has a 50-day moving average of $76.55 and a two-hundred day moving average of $77.50. ProShares Investment Grade Interest Rate Hedged has a 12 month low of $70.68 and a 12 month high of $79.14.

ProShares Investment Grade Interest Rate Hedged Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were given a dividend of $0.3399 per share. This is a positive change from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32. The ex-dividend date was Monday, March 3rd.

ProShares Investment Grade Interest Rate Hedged Company 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.