J.W. Cole Advisors Inc. Has $267,000 Stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

J.W. Cole Advisors Inc. trimmed its holdings in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 9.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,414 shares of the company’s stock after selling 349 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in ProShares Investment Grade Interest Rate Hedged were worth $267,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Empirical Asset Management LLC boosted its holdings in ProShares Investment Grade Interest Rate Hedged by 6.5% during the fourth quarter. Empirical Asset Management LLC now owns 7,261 shares of the company’s stock valued at $568,000 after acquiring an additional 442 shares during the period. Stephens Inc. AR boosted its holdings in ProShares Investment Grade Interest Rate Hedged by 21.3% during the fourth quarter. Stephens Inc. AR now owns 63,732 shares of the company’s stock valued at $4,982,000 after acquiring an additional 11,197 shares during the period. B. Riley Wealth Advisors Inc. boosted its holdings in ProShares Investment Grade Interest Rate Hedged by 4.1% during the third quarter. B. Riley Wealth Advisors Inc. now owns 4,176 shares of the company’s stock valued at $324,000 after acquiring an additional 165 shares during the period. KKM Financial LLC boosted its holdings in ProShares Investment Grade Interest Rate Hedged by 138.6% during the third quarter. KKM Financial LLC now owns 6,763 shares of the company’s stock valued at $521,000 after acquiring an additional 3,928 shares during the period. Finally, Merit Financial Group LLC bought a new stake in ProShares Investment Grade Interest Rate Hedged during the fourth quarter valued at about $1,901,000.

ProShares Investment Grade Interest Rate Hedged Stock Performance

IGHG stock opened at $78.01 on Friday. ProShares Investment Grade Interest Rate Hedged has a 52-week low of $75.13 and a 52-week high of $78.88. The company has a 50-day moving average of $78.22 and a two-hundred day moving average of $77.51.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 7th. Investors of record on Monday, February 3rd were paid a $0.3248 dividend. The ex-dividend date was Monday, February 3rd.

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.