Empirical Asset Management LLC Purchases 442 Shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Empirical Asset Management LLC increased its position in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 6.5% during the fourth quarter, HoldingsChannel reports. The fund owned 7,261 shares of the company’s stock after buying an additional 442 shares during the quarter. Empirical Asset Management LLC’s holdings in ProShares Investment Grade Interest Rate Hedged were worth $568,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged in the third quarter worth approximately $25,000. B. Riley Wealth Advisors Inc. raised its holdings in 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 purchasing an additional 165 shares during the last quarter. KKM Financial LLC lifted its position in shares of ProShares Investment Grade Interest Rate Hedged by 138.6% in the 3rd quarter. KKM Financial LLC now owns 6,763 shares of the company’s stock worth $521,000 after purchasing an additional 3,928 shares during the period. Duncan Williams Asset Management LLC bought a new stake in shares of ProShares Investment Grade Interest Rate Hedged in the 3rd quarter valued at $735,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of ProShares Investment Grade Interest Rate Hedged during the third quarter worth $802,000.

ProShares Investment Grade Interest Rate Hedged Price Performance

Shares of BATS IGHG opened at $78.43 on Friday. ProShares Investment Grade Interest Rate Hedged has a twelve month low of $75.13 and a twelve month high of $78.88. The firm has a fifty day simple moving average of $78.11 and a 200 day simple moving average of $77.19.

ProShares Investment Grade Interest Rate Hedged Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.3291 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.33.

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.