Aptus Capital Advisors LLC Buys Shares of 1,358 ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Aptus Capital Advisors LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,358 shares of the company’s stock, valued at approximately $106,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Wilmington Savings Fund Society FSB bought a new position in ProShares Investment Grade Interest Rate Hedged in the third quarter worth about $25,000. Envestnet Asset Management Inc. boosted its position in ProShares Investment Grade Interest Rate Hedged by 4.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 8,621 shares of the company’s stock valued at $674,000 after purchasing an additional 366 shares during the period. Empirical Asset Management LLC grew its stake in 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 last quarter. Raymond James Financial Inc. acquired a new stake in ProShares Investment Grade Interest Rate Hedged in the fourth quarter worth $320,000. Finally, Capital Advisors Ltd. LLC lifted its stake in ProShares Investment Grade Interest Rate Hedged by 22.5% in the fourth quarter. Capital Advisors Ltd. LLC now owns 28,573 shares of the company’s stock valued at $2,234,000 after buying an additional 5,257 shares during the last quarter.

ProShares Investment Grade Interest Rate Hedged Stock Performance

ProShares Investment Grade Interest Rate Hedged stock opened at $76.77 on Friday. The company has a 50-day simple moving average of $76.49 and a 200-day simple moving average of $77.51. ProShares Investment Grade Interest Rate Hedged has a one year low of $70.68 and a one year high of $79.14.

ProShares Investment Grade Interest Rate Hedged Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were issued a $0.3399 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32.

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.