Elevation Capital Advisory LLC Takes $6.03 Million Position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Elevation Capital Advisory LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 79,006 shares of the company’s stock, valued at approximately $6,029,000. ProShares Investment Grade Interest Rate Hedged makes up 2.8% of Elevation Capital Advisory LLC’s investment portfolio, making the stock its 16th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Susquehanna International Group LLP grew its position in ProShares Investment Grade Interest Rate Hedged by 103.2% during the 2nd quarter. Susquehanna International Group LLP now owns 72,651 shares of the company’s stock worth $5,544,000 after purchasing an additional 36,895 shares in the last quarter. Dark Forest Capital Management LP acquired a new position in ProShares Investment Grade Interest Rate Hedged during the second quarter valued at $2,015,000. International Assets Investment Management LLC acquired a new position in ProShares Investment Grade Interest Rate Hedged during the second quarter valued at $30,000. Zimmermann Investment Management & Planning LLC lifted its stake in ProShares Investment Grade Interest Rate Hedged by 58.5% in the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 70,323 shares of the company’s stock worth $5,366,000 after acquiring an additional 25,957 shares in the last quarter. Finally, Capital Advisors Ltd. LLC boosted its position in ProShares Investment Grade Interest Rate Hedged by 15.1% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 23,310 shares of the company’s stock worth $1,779,000 after acquiring an additional 3,062 shares during the period.

ProShares Investment Grade Interest Rate Hedged Stock Up 0.3 %

BATS:IGHG opened at $77.19 on Friday. The stock’s 50-day moving average is $76.20 and its two-hundred day moving average is $76.44. ProShares Investment Grade Interest Rate Hedged has a fifty-two week low of $75.13 and a fifty-two week high of $78.88.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

The business 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.

ProShares Investment Grade Interest Rate Hedged Company 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.