ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Plans Dividend Increase – $0.34 Per Share

ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.3399 per share on Friday, March 7th. The ex-dividend date is Monday, March 3rd. This is a boost from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32.

ProShares Investment Grade Interest Rate Hedged Trading Down 0.8 %

Shares of BATS:IGHG traded down $0.66 during trading on Friday, hitting $77.48. 25,464 shares of the company’s stock traded hands. ProShares Investment Grade Interest Rate Hedged has a 52 week low of $75.13 and a 52 week high of $78.88. The company has a 50-day moving average price of $78.19 and a 200-day moving average price of $77.60.

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.