ProShares Investment Grade Interest Rate Hedged (IGHG) to Issue Dividend of $0.34 on March 7th

ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.3399 per share on Friday, March 7th. The ex-dividend date is Monday, March 3rd. This is a positive change from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32.

ProShares Investment Grade Interest Rate Hedged Stock Down 0.8 %

Shares of BATS IGHG traded down $0.66 during mid-day trading on Friday, reaching $77.48. 25,464 shares of the company’s stock traded hands. The business has a 50-day simple moving average of $78.19 and a 200 day simple moving average of $77.60. ProShares Investment Grade Interest Rate Hedged has a 1-year low of $75.13 and a 1-year 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.