ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Shares Purchased by Susquehanna International Group LLP

Susquehanna International Group LLP increased its stake in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 103.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 72,651 shares of the company’s stock after acquiring an additional 36,895 shares during the period. Susquehanna International Group LLP owned approximately 1.90% of ProShares Investment Grade Interest Rate Hedged worth $5,544,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Dark Forest Capital Management LP purchased a new position in shares of ProShares Investment Grade Interest Rate Hedged during the 2nd quarter valued at approximately $2,015,000. International Assets Investment Management LLC bought a new stake in shares of ProShares Investment Grade Interest Rate Hedged in the 2nd quarter worth about $30,000. Zimmermann Investment Management & Planning LLC increased its position in shares of 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 purchasing an additional 25,957 shares during the last quarter. Capital Advisors Ltd. LLC increased its position in shares of ProShares Investment Grade Interest Rate Hedged by 15.1% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 23,310 shares of the company’s stock worth $1,779,000 after purchasing an additional 3,062 shares during the last quarter. Finally, Hyperion Partners LLC increased its position in shares of ProShares Investment Grade Interest Rate Hedged by 69.9% in 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.

ProShares Investment Grade Interest Rate Hedged Price Performance

IGHG opened at $77.51 on Tuesday. The company has a 50-day moving average of $76.26 and a 200-day moving average of $76.46. ProShares Investment Grade Interest Rate Hedged has a 1-year low of $75.13 and a 1-year high of $78.88.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

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

ProShares Investment Grade Interest Rate Hedged 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.