ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) Declares Dividend Increase – $0.33 Per Share

ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) declared a dividend on Friday, December 20th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.3291 per share on Tuesday, December 31st. The ex-dividend date is Monday, December 23rd. This is an increase from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.33.

ProShares Investment Grade Interest Rate Hedged Stock Performance

BATS IGHG traded up $0.36 during midday trading on Friday, hitting $78.31. The company had a trading volume of 12,826 shares. The firm has a fifty day simple moving average of $77.91 and a two-hundred day simple moving average of $76.91. ProShares Investment Grade Interest Rate Hedged has a fifty-two week low of $75.13 and a fifty-two week high of $78.88.

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.