Empirical Financial Services LLC d.b.a. Empirical Wealth Management Makes New Investment in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,979 shares of the company’s stock, valued at approximately $526,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UBS Group AG boosted its position in shares of ProShares Investment Grade Interest Rate Hedged by 19.7% during the third quarter. UBS Group AG now owns 71,768 shares of the company’s stock worth $5,314,000 after buying an additional 11,798 shares during the period. LPL Financial LLC boosted its holdings in ProShares Investment Grade Interest Rate Hedged by 2.9% in the third quarter. LPL Financial LLC now owns 69,706 shares of the company’s stock valued at $5,162,000 after purchasing an additional 1,937 shares during the period. Capital Analysts LLC boosted its holdings in ProShares Investment Grade Interest Rate Hedged by 4.4% in the fourth quarter. Capital Analysts LLC now owns 15,852 shares of the company’s stock valued at $1,195,000 after purchasing an additional 671 shares during the period. Mutual Advisors LLC raised its stake in ProShares Investment Grade Interest Rate Hedged by 43.4% in the third quarter. Mutual Advisors LLC now owns 15,762 shares of the company’s stock valued at $1,167,000 after buying an additional 4,770 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in ProShares Investment Grade Interest Rate Hedged by 3.4% in the third quarter. Commonwealth Equity Services LLC now owns 15,413 shares of the company’s stock valued at $1,141,000 after buying an additional 512 shares in the last quarter.

ProShares Investment Grade Interest Rate Hedged Stock Performance

ProShares Investment Grade Interest Rate Hedged stock opened at $76.82 on Thursday. ProShares Investment Grade Interest Rate Hedged has a 1-year low of $75.13 and a 1-year high of $78.88. The stock’s fifty day moving average is $76.48 and its two-hundred day moving average is $75.85.

ProShares Investment Grade Interest Rate Hedged Increases Dividend

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

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.