KKM Financial LLC Buys 3,928 Shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

KKM Financial LLC raised its stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 138.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,763 shares of the company’s stock after purchasing an additional 3,928 shares during the period. KKM Financial LLC owned 0.18% of ProShares Investment Grade Interest Rate Hedged worth $521,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IGHG. International Assets Investment Management LLC raised its position in shares of ProShares Investment Grade Interest Rate Hedged by 72,330.5% during the third quarter. International Assets Investment Management LLC now owns 280,306 shares of the company’s stock worth $21,589,000 after purchasing an additional 279,919 shares during the period. Assetmark Inc. increased its holdings in ProShares Investment Grade Interest Rate Hedged by 392.7% during the 3rd quarter. Assetmark Inc. now owns 132,207 shares of the company’s stock worth $10,183,000 after purchasing an additional 105,373 shares in the last quarter. Elevation Capital Advisory LLC bought a new position in shares of ProShares Investment Grade Interest Rate Hedged in the second quarter valued at approximately $6,029,000. Susquehanna International Group LLP boosted its position in shares of ProShares Investment Grade Interest Rate Hedged by 103.2% during the second quarter. Susquehanna International Group LLP now owns 72,651 shares of the company’s stock valued at $5,544,000 after buying an additional 36,895 shares during the last quarter. Finally, Dark Forest Capital Management LP purchased a new position in shares of ProShares Investment Grade Interest Rate Hedged during the second quarter valued at approximately $2,015,000.

ProShares Investment Grade Interest Rate Hedged Price Performance

BATS IGHG opened at $77.97 on Friday. The business has a fifty day simple moving average of $77.51 and a 200 day simple moving average of $76.74. 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 company also recently announced a dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, September 3rd were issued a $0.3277 dividend. 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.