Strategic Advocates LLC Has $798,000 Stock Holdings in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Strategic Advocates LLC lowered its holdings in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 12.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,208 shares of the company’s stock after selling 1,412 shares during the period. Strategic Advocates LLC owned approximately 0.27% of ProShares Investment Grade Interest Rate Hedged worth $798,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Empirical Asset Management LLC grew its holdings in ProShares Investment Grade Interest Rate Hedged by 6.5% in the fourth quarter. Empirical Asset Management LLC now owns 7,261 shares of the company’s stock worth $568,000 after purchasing an additional 442 shares during the period. Duncan Williams Asset Management LLC bought a new position in ProShares Investment Grade Interest Rate Hedged in the 3rd quarter worth about $735,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of 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 acquiring an additional 165 shares in the last quarter. Merit Financial Group LLC purchased a new position in shares of ProShares Investment Grade Interest Rate Hedged during the fourth quarter worth about $1,901,000. Finally, KKM Financial LLC raised 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 purchasing an additional 3,928 shares in the last quarter.

ProShares Investment Grade Interest Rate Hedged Price Performance

Shares of BATS:IGHG opened at $78.44 on Friday. ProShares Investment Grade Interest Rate Hedged has a one year low of $75.13 and a one year high of $78.88. The company’s fifty day moving average price is $78.19 and its 200-day moving average price is $77.31.

ProShares Investment Grade Interest Rate Hedged Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.3291 per share. 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 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.