Duncan Williams Asset Management LLC Takes $735,000 Position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Duncan Williams Asset Management LLC purchased a new stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,546 shares of the company’s stock, valued at approximately $735,000. Duncan Williams Asset Management LLC owned approximately 0.25% of ProShares Investment Grade Interest Rate Hedged at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IGHG. Elevation Capital Advisory LLC acquired a new position in ProShares Investment Grade Interest Rate Hedged during the second quarter valued at approximately $6,029,000. Susquehanna International Group LLP boosted its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 103.2% in the 2nd quarter. Susquehanna International Group LLP now owns 72,651 shares of the company’s stock valued at $5,544,000 after buying an additional 36,895 shares during the last quarter. Dark Forest Capital Management LP bought a new position in shares of ProShares Investment Grade Interest Rate Hedged in 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 worth $30,000. Finally, Zimmermann Investment Management & Planning LLC increased its holdings in ProShares Investment Grade Interest Rate Hedged by 58.5% during the second quarter. Zimmermann Investment Management & Planning LLC now owns 70,323 shares of the company’s stock worth $5,366,000 after buying an additional 25,957 shares during the last quarter.

ProShares Investment Grade Interest Rate Hedged Trading Up 0.8 %

Shares of IGHG stock opened at $77.42 on Friday. The company has a fifty day moving average price of $76.23 and a two-hundred day moving average price of $76.45. ProShares Investment Grade Interest Rate Hedged has a one year low of $75.13 and a one year high of $78.88.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

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