Assetmark Inc. Has $11.86 Million Stock Holdings in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Assetmark Inc. increased its holdings in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 23.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 154,195 shares of the company’s stock after purchasing an additional 29,642 shares during the quarter. Assetmark Inc.’s holdings in ProShares Investment Grade Interest Rate Hedged were worth $11,856,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Redhawk Wealth Advisors Inc. purchased a new position in ProShares Investment Grade Interest Rate Hedged during the 1st quarter valued at about $10,158,000. GeoWealth Management LLC boosted its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 813,877.8% during the fourth quarter. GeoWealth Management LLC now owns 73,258 shares of the company’s stock worth $5,727,000 after purchasing an additional 73,249 shares during the period. Bank of America Corp DE grew its position in ProShares Investment Grade Interest Rate Hedged by 9.9% during the fourth quarter. Bank of America Corp DE now owns 178,664 shares of the company’s stock valued at $13,966,000 after purchasing an additional 16,139 shares in the last quarter. Cetera Investment Advisers increased its stake in ProShares Investment Grade Interest Rate Hedged by 76.8% in the 1st quarter. Cetera Investment Advisers now owns 36,822 shares of the company’s stock valued at $2,831,000 after buying an additional 15,994 shares during the period. Finally, TBH Global Asset Management LLC lifted its position in ProShares Investment Grade Interest Rate Hedged by 250.4% in the 1st quarter. TBH Global Asset Management LLC now owns 18,980 shares of the company’s stock worth $1,459,000 after buying an additional 13,564 shares in the last quarter.

ProShares Investment Grade Interest Rate Hedged Stock Performance

ProShares Investment Grade Interest Rate Hedged stock opened at $78.74 on Friday. ProShares Investment Grade Interest Rate Hedged has a 12 month low of $70.68 and a 12 month high of $79.14. The company’s fifty day simple moving average is $78.06 and its 200-day simple moving average is $77.51.

About ProShares Investment Grade Interest Rate Hedged

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.