SFE Investment Counsel Makes New Investment in ProShares Investment Grade Interest Rate Hedged $IGHG

SFE Investment Counsel bought a new stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,600 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IGHG. Assetmark Inc. raised its position in shares of ProShares Investment Grade Interest Rate Hedged by 23.8% during the first quarter. Assetmark Inc. now owns 154,195 shares of the company’s stock worth $11,856,000 after purchasing an additional 29,642 shares during the period. Cetera Investment Advisers lifted its stake in shares of ProShares Investment Grade Interest Rate Hedged by 76.8% in the first quarter. Cetera Investment Advisers now owns 36,822 shares of the company’s stock valued at $2,831,000 after buying an additional 15,994 shares in the last quarter. Hobart Private Capital LLC acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged during the second quarter valued at about $1,091,000. Envestnet Asset Management Inc. increased its position in shares of ProShares Investment Grade Interest Rate Hedged by 125.3% during the first quarter. Envestnet Asset Management Inc. now owns 19,423 shares of the company’s stock worth $1,493,000 after acquiring an additional 10,802 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 5.0% in the 1st quarter. LPL Financial LLC now owns 174,336 shares of the company’s stock worth $13,405,000 after acquiring an additional 8,379 shares during the last quarter.

ProShares Investment Grade Interest Rate Hedged Stock Down 0.3%

Shares of BATS:IGHG opened at $78.11 on Monday. The business’s 50 day moving average is $78.69 and its 200 day moving average is $78.22. ProShares Investment Grade Interest Rate Hedged has a 12-month low of $70.68 and a 12-month high of $79.14.

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.