Opinicus Capital Inc. Buys Shares of 4,868 ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Opinicus Capital Inc. bought a new stake in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,868 shares of the company’s stock, valued at approximately $367,000. Opinicus Capital Inc. owned approximately 0.11% of ProShares Investment Grade Interest Rate Hedged at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Spire Wealth Management grew its stake in ProShares Investment Grade Interest Rate Hedged by 27.8% during the 3rd quarter. Spire Wealth Management now owns 934 shares of the company’s stock valued at $69,000 after acquiring an additional 203 shares in the last quarter. Simplex Trading LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged during the 3rd quarter valued at about $70,000. Commons Capital LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged during the 3rd quarter valued at about $205,000. TBH Global Asset Management LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged during the 3rd quarter valued at about $402,000. Finally, International Assets Investment Management LLC purchased a new position in ProShares Investment Grade Interest Rate Hedged during the 4th quarter valued at about $1,062,000.

ProShares Investment Grade Interest Rate Hedged Trading Up 0.1 %

Shares of BATS IGHG traded up $0.07 during trading hours on Friday, hitting $76.86. The stock had a trading volume of 13,553 shares. The firm’s 50-day moving average price is $76.43 and its two-hundred day moving average price is $75.67. ProShares Investment Grade Interest Rate Hedged has a 52 week low of $75.13 and a 52 week high of $78.88.

ProShares Investment Grade Interest Rate Hedged Increases Dividend

The company also recently declared a dividend, which was paid on Monday, April 8th. Investors of record on Tuesday, April 2nd were paid a $0.3302 dividend. This is a boost from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32. The ex-dividend date was Monday, April 1st.

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.