Partners Wealth Management LLC Buys New Shares in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Partners Wealth Management LLC purchased a new stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 8,787 shares of the company’s stock, valued at approximately $687,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IGHG. Empirical Asset Management LLC boosted its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 6.5% during the 4th quarter. Empirical Asset Management LLC now owns 7,261 shares of the company’s stock worth $568,000 after buying an additional 442 shares during the period. TBH Global Asset Management LLC acquired a new stake in ProShares Investment Grade Interest Rate Hedged during the fourth quarter worth approximately $414,000. Stephens Inc. AR grew its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 21.3% during the 4th quarter. Stephens Inc. AR now owns 63,732 shares of the company’s stock worth $4,982,000 after purchasing an additional 11,197 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in ProShares Investment Grade Interest Rate Hedged by 4.1% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 4,176 shares of the company’s stock valued at $324,000 after buying an additional 165 shares during the period. Finally, KKM Financial LLC increased its stake in ProShares Investment Grade Interest Rate Hedged by 138.6% in the third quarter. KKM Financial LLC now owns 6,763 shares of the company’s stock valued at $521,000 after acquiring an additional 3,928 shares during the last quarter.

ProShares Investment Grade Interest Rate Hedged Trading Down 0.2 %

Shares of IGHG opened at $78.01 on Monday. ProShares Investment Grade Interest Rate Hedged has a 52-week low of $75.13 and a 52-week high of $78.88. The business’s fifty day moving average is $78.22 and its 200-day moving average is $77.54.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were given a $0.3248 dividend. The ex-dividend date was Monday, February 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.