B. Riley Wealth Advisors Inc. Lowers Stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

B. Riley Wealth Advisors Inc. lessened its stake in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 68.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,011 shares of the company’s stock after selling 8,812 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 0.10% of ProShares Investment Grade Interest Rate Hedged worth $306,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IGHG. International Assets Investment Management LLC bought a new position in ProShares Investment Grade Interest Rate Hedged in the second quarter worth about $30,000. Prospect Financial Services LLC bought a new position in shares of ProShares Investment Grade Interest Rate Hedged during the 4th quarter worth approximately $202,000. Rockport Wealth LLC purchased a new stake in ProShares Investment Grade Interest Rate Hedged during the first quarter valued at approximately $207,000. Hyperion Partners LLC boosted its stake in ProShares Investment Grade Interest Rate Hedged by 69.9% in the second quarter. Hyperion Partners LLC now owns 4,656 shares of the company’s stock valued at $355,000 after acquiring an additional 1,916 shares in the last quarter. Finally, O ROURKE & COMPANY Inc grew its holdings in ProShares Investment Grade Interest Rate Hedged by 5.9% in the first 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 Stock Up 0.1 %

Shares of IGHG stock opened at $77.55 on Wednesday. The business’s fifty day simple moving average is $76.29 and its 200-day simple moving average is $76.47. 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 business also recently disclosed a dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3277 per share. The ex-dividend date of this dividend 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.