Larry Mathis Financial Planning LLC purchased a new position in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 64,565 shares of the company’s stock, valued at approximately $5,063,000. ProShares Investment Grade Interest Rate Hedged makes up 4.4% of Larry Mathis Financial Planning LLC’s portfolio, making the stock its 3rd largest position.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Geneos Wealth Management Inc. acquired a new position in ProShares Investment Grade Interest Rate Hedged in the second quarter valued at approximately $27,000. Anchor Investment Management LLC acquired a new stake in ProShares Investment Grade Interest Rate Hedged during the 4th quarter worth $59,000. Novem Group acquired a new stake in ProShares Investment Grade Interest Rate Hedged during the 4th quarter worth $230,000. B. Riley Wealth Advisors Inc. acquired a new stake in ProShares Investment Grade Interest Rate Hedged during the 2nd quarter worth $242,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of ProShares Investment Grade Interest Rate Hedged during the 4th quarter valued at $266,000.
ProShares Investment Grade Interest Rate Hedged Price Performance
IGHG stock opened at $78.30 on Friday. The business’s fifty day moving average is $78.39 and its 200-day moving average is $78.29. ProShares Investment Grade Interest Rate Hedged has a twelve month low of $76.83 and a twelve month high of $79.56.
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. IGHG was launched on Nov 5, 2013 and is managed by ProShares.
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Want to see what other hedge funds are holding IGHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Investment Grade Interest Rate Hedged (BATS:IGHG – Free Report).
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