Rockefeller Capital Management L.P. Buys New Shares in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Rockefeller Capital Management L.P. purchased a new position in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) during the 3rd quarter, Holdings Channel reports. The firm purchased 10,417 shares of the company’s stock, valued at approximately $802,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IGHG. International Assets Investment Management LLC raised its stake in shares of ProShares Investment Grade Interest Rate Hedged by 72,330.5% in the third quarter. International Assets Investment Management LLC now owns 280,306 shares of the company’s stock valued at $21,589,000 after purchasing an additional 279,919 shares in the last quarter. Assetmark Inc. raised its stake in shares of ProShares Investment Grade Interest Rate Hedged by 392.7% in the 3rd quarter. Assetmark Inc. now owns 132,207 shares of the company’s stock valued at $10,183,000 after buying an additional 105,373 shares in the last quarter. Elevation Capital Advisory LLC bought a new position in shares of ProShares Investment Grade Interest Rate Hedged during the 2nd quarter worth about $6,029,000. Susquehanna International Group LLP boosted its position in shares of 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 valued at $5,544,000 after acquiring an additional 36,895 shares in the last quarter. Finally, Dark Forest Capital Management LP bought a new stake in ProShares Investment Grade Interest Rate Hedged in the second quarter valued at about $2,015,000.

ProShares Investment Grade Interest Rate Hedged Stock Performance

Shares of IGHG opened at $77.77 on Tuesday. The company has a 50-day moving average price of $77.76 and a two-hundred day moving average price of $76.83. 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 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.