Commonwealth Equity Services LLC Lowers Stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Commonwealth Equity Services LLC lowered its stake in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 23.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 12,804 shares of the company’s stock after selling 3,852 shares during the period. Commonwealth Equity Services LLC owned approximately 0.33% of ProShares Investment Grade Interest Rate Hedged worth $977,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. International Assets Investment Management LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged in the 2nd quarter valued at approximately $30,000. Prospect Financial Services LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged in the 4th quarter valued at approximately $202,000. Rockport Wealth LLC purchased a new stake in shares of ProShares Investment Grade Interest Rate Hedged during the 1st quarter worth $207,000. Hyperion Partners LLC lifted its position in shares of ProShares Investment Grade Interest Rate Hedged by 69.9% during the 2nd quarter. Hyperion Partners LLC now owns 4,656 shares of the company’s stock worth $355,000 after purchasing an additional 1,916 shares during the last quarter. Finally, O ROURKE & COMPANY Inc lifted its position in shares of ProShares Investment Grade Interest Rate Hedged by 5.9% during the 1st quarter. O ROURKE & COMPANY Inc now owns 14,981 shares of the company’s stock worth $1,146,000 after purchasing an additional 838 shares during the last quarter.

ProShares Investment Grade Interest Rate Hedged Trading Up 0.4 %

Shares of BATS:IGHG opened at $76.51 on Wednesday. The company’s fifty day moving average price is $76.13 and its 200 day moving average price is $76.37. ProShares Investment Grade Interest Rate Hedged has a 12 month low of $75.13 and a 12 month high of $78.88.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, September 10th. Shareholders of record on Tuesday, September 3rd were paid a $0.3277 dividend. The ex-dividend date was Tuesday, September 3rd.

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.