O ROURKE & COMPANY Inc Has $1.13 Million Stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

O ROURKE & COMPANY Inc decreased its holdings in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 1.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,806 shares of the company’s stock after selling 175 shares during the period. O ROURKE & COMPANY Inc’s holdings in ProShares Investment Grade Interest Rate Hedged were worth $1,130,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of IGHG. International Assets Investment Management LLC acquired a new stake in ProShares Investment Grade Interest Rate Hedged in the 4th quarter worth about $1,062,000. Capital Analysts LLC raised its position in shares of ProShares Investment Grade Interest Rate Hedged by 4.4% in the 4th quarter. Capital Analysts LLC now owns 15,852 shares of the company’s stock valued at $1,195,000 after buying an additional 671 shares in the last quarter. Opinicus Capital Inc. acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged in the 4th quarter valued at approximately $367,000. Cary Street Partners Investment Advisory LLC raised its position in shares of ProShares Investment Grade Interest Rate Hedged by 32,282.8% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 9,391 shares of the company’s stock valued at $698,000 after buying an additional 9,362 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged in the 4th quarter valued at approximately $526,000.

ProShares Investment Grade Interest Rate Hedged Price Performance

Shares of BATS:IGHG traded down $0.11 during midday trading on Friday, hitting $76.00. The stock had a trading volume of 9,596 shares. The company’s 50-day moving average price is $76.16 and its 200-day moving average price is $76.38. ProShares Investment Grade Interest Rate Hedged has a fifty-two week low of $75.13 and a fifty-two week high of $78.88.

ProShares Investment Grade Interest Rate Hedged Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 9th. Stockholders of record on Monday, July 1st were given a $0.3416 dividend. The ex-dividend date was Monday, July 1st.

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.