ProShares Investment Grade Interest Rate Hedged $IGHG Shares Bought by Certified Advisory Corp

Certified Advisory Corp lifted its holdings in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 290.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,891 shares of the company’s stock after buying an additional 31,899 shares during the period. Certified Advisory Corp owned about 1.25% of ProShares Investment Grade Interest Rate Hedged worth $3,364,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Royal Bank of Canada grew its holdings in ProShares Investment Grade Interest Rate Hedged by 68.5% during the first quarter. Royal Bank of Canada now owns 18,872 shares of the company’s stock worth $1,451,000 after acquiring an additional 7,671 shares during the period. NewEdge Advisors LLC lifted its holdings in ProShares Investment Grade Interest Rate Hedged by 136.7% in the first quarter. NewEdge Advisors LLC now owns 3,950 shares of the company’s stock valued at $304,000 after acquiring an additional 2,281 shares during the period. PNC Financial Services Group Inc. acquired a new stake in ProShares Investment Grade Interest Rate Hedged in the second quarter valued at $49,000. Rockefeller Capital Management L.P. boosted its position in shares of ProShares Investment Grade Interest Rate Hedged by 3.1% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 17,705 shares of the company’s stock worth $1,387,000 after purchasing an additional 540 shares in the last quarter. Finally, Rockport Wealth LLC purchased a new stake in shares of ProShares Investment Grade Interest Rate Hedged during the 2nd quarter worth $214,000.

ProShares Investment Grade Interest Rate Hedged Stock Up 0.1%

BATS:IGHG opened at $77.77 on Wednesday. The firm’s fifty day simple moving average is $78.17 and its 200-day simple moving average is $78.44. ProShares Investment Grade Interest Rate Hedged has a fifty-two week low of $73.91 and a fifty-two week high of $79.56.

ProShares Investment Grade Interest Rate Hedged Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3322 per share. The ex-dividend date was Monday, March 2nd. This is an increase from ProShares Investment Grade Interest Rate Hedged’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a yield of 5.1%.

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. IGHG was launched on Nov 5, 2013 and is managed by ProShares.