ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) Announces Dividend Increase – $0.37 Per Share

ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) declared a dividend on Friday, January 31st,NASDAQ Dividends reports. Shareholders of record on Monday, February 3rd will be paid a dividend of 0.3664 per share on Friday, February 7th. The ex-dividend date of this dividend is Monday, February 3rd. This is a boost from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.35.

ProShares High Yield-Interest Rate Hedged ETF Price Performance

Shares of BATS:HYHG traded up $0.61 during midday trading on Friday, reaching $66.31. The company’s stock had a trading volume of 12,817 shares. ProShares High Yield-Interest Rate Hedged ETF has a 1 year low of $65.87 and a 1 year high of $70.22. The business has a 50 day moving average price of $65.78 and a 200 day moving average price of $65.01.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys.