ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Announces Dividend Increase – $0.33 Per Share

ProShares Investment Grade Interest Rate Hedged (BATS:IGHGGet Free Report) announced a dividend on Thursday, March 28th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be given a dividend of 0.3302 per share on Monday, April 8th. The ex-dividend date of this dividend is Monday, April 1st. This is a boost from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32.

ProShares Investment Grade Interest Rate Hedged Stock Up 0.0 %

Shares of BATS IGHG traded up $0.02 during trading hours on Friday, hitting $76.51. The company’s stock had a trading volume of 6,072 shares. ProShares Investment Grade Interest Rate Hedged has a 12 month low of $75.13 and a 12 month high of $78.88. The business has a 50-day simple moving average of $76.31 and a 200-day simple moving average of $75.29.

Institutional Trading of ProShares Investment Grade Interest Rate Hedged

Institutional investors and hedge funds have recently bought and sold shares of the stock. Salem Investment Counselors Inc. purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the second quarter worth about $32,000. Money Concepts Capital Corp purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the fourth quarter worth about $43,000. Qube Research & Technologies Ltd purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the third quarter worth about $88,000. Comerica Bank purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the third quarter worth about $231,000. Finally, Two Sigma Securities LLC purchased a new stake in ProShares Investment Grade Interest Rate Hedged in the first quarter worth about $236,000.

About ProShares Investment Grade Interest Rate Hedged

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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.

Further Reading

Dividend History for ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

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