ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Stock Position Cut by TrinityPoint Wealth LLC

TrinityPoint Wealth LLC trimmed its stake in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 1.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,397 shares of the company’s stock after selling 156 shares during the quarter. TrinityPoint Wealth LLC owned about 0.25% of ProShares Investment Grade Interest Rate Hedged worth $724,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. International Assets Investment Management LLC increased its position in shares of ProShares Investment Grade Interest Rate Hedged by 72,330.5% during the 3rd 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 during the period. Assetmark Inc. boosted its stake in ProShares Investment Grade Interest Rate Hedged by 392.7% during the third 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 acquired a new position in ProShares Investment Grade Interest Rate Hedged during the second quarter worth about $6,029,000. Susquehanna International Group LLP raised its position in ProShares Investment Grade Interest Rate Hedged by 103.2% in the second quarter. Susquehanna International Group LLP now owns 72,651 shares of the company’s stock worth $5,544,000 after acquiring an additional 36,895 shares in the last quarter. Finally, Dark Forest Capital Management LP acquired a new stake in ProShares Investment Grade Interest Rate Hedged in the 2nd quarter valued at about $2,015,000.

ProShares Investment Grade Interest Rate Hedged Stock Performance

BATS:IGHG opened at $78.21 on Tuesday. The company has a 50-day moving average of $77.38 and a 200-day moving average of $76.71. ProShares Investment Grade Interest Rate Hedged has a twelve month low of $75.13 and a twelve month high of $78.88.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

The business also recently announced 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.

About ProShares Investment Grade Interest Rate Hedged

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.