Cetera Investment Advisers Has $2.09 Million Holdings in ProShares Investment Grade Interest Rate Hedged $IGHG

Cetera Investment Advisers lessened its position in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 27.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,610 shares of the company’s stock after selling 10,212 shares during the period. Cetera Investment Advisers owned 0.78% of ProShares Investment Grade Interest Rate Hedged worth $2,085,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of IGHG. PNC Financial Services Group Inc. acquired a new stake in ProShares Investment Grade Interest Rate Hedged during the 2nd quarter worth about $49,000. SFE Investment Counsel bought a new stake in shares of ProShares Investment Grade Interest Rate Hedged during the 2nd quarter valued at about $204,000. Envestnet Asset Management Inc. grew its stake in ProShares Investment Grade Interest Rate Hedged by 4.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,314 shares of the company’s stock worth $1,592,000 after purchasing an additional 891 shares during the period. Hobart Private Capital LLC bought a new stake in ProShares Investment Grade Interest Rate Hedged in the second quarter worth approximately $1,091,000. Finally, Empirical Asset Management LLC increased its holdings in ProShares Investment Grade Interest Rate Hedged by 2.7% in the second quarter. Empirical Asset Management LLC now owns 8,317 shares of the company’s stock worth $652,000 after purchasing an additional 220 shares in the last quarter.

ProShares Investment Grade Interest Rate Hedged Stock Performance

ProShares Investment Grade Interest Rate Hedged stock opened at $78.58 on Friday. ProShares Investment Grade Interest Rate Hedged has a 52-week low of $70.68 and a 52-week high of $79.14. The stock’s 50 day moving average price is $78.56 and its two-hundred day moving average price is $78.38.

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.