ProShares Investment Grade Interest Rate Hedged (IGHG) is Wealthsource Partners LLC’s 5th Largest Position

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Wealthsource Partners LLC lifted its holdings in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 28.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 101,239 shares of the company’s stock after buying an additional 22,452 shares during the period. ProShares Investment Grade Interest Rate Hedged makes up about 2.1% of Wealthsource Partners LLC’s investment portfolio, making the stock its 5th largest position. Wealthsource Partners LLC’s holdings in ProShares Investment Grade Interest Rate Hedged were worth $7,483,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Cornerstone Wealth Management LLC increased its holdings in ProShares Investment Grade Interest Rate Hedged by 7,290.3% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 1,255,982 shares of the company’s stock worth $17,065,000 after acquiring an additional 1,238,987 shares in the last quarter. Wells Fargo & Company MN grew its holdings in ProShares Investment Grade Interest Rate Hedged by 45.3% during the 1st quarter. Wells Fargo & Company MN now owns 479,714 shares of the company’s stock valued at $36,569,000 after buying an additional 149,487 shares in the last quarter. SimpliFi Inc. grew its holdings in ProShares Investment Grade Interest Rate Hedged by 25.9% during the 2nd quarter. SimpliFi Inc. now owns 250,911 shares of the company’s stock valued at $18,545,000 after buying an additional 51,663 shares in the last quarter. Assetmark Inc. grew its holdings in ProShares Investment Grade Interest Rate Hedged by 18.1% during the 2nd quarter. Assetmark Inc. now owns 150,181 shares of the company’s stock valued at $11,100,000 after buying an additional 23,060 shares in the last quarter. Finally, Arlington Capital Management Inc. purchased a new stake in ProShares Investment Grade Interest Rate Hedged during the 1st quarter valued at approximately $5,300,000.

IGHG traded down $0.01 during trading on Friday, reaching $74.35. 156,593 shares of the company traded hands. ProShares Investment Grade Interest Rate Hedged has a 12-month low of $75.13 and a 12-month high of $78.88.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 11th. Shareholders of record on Wednesday, September 5th will be issued a dividend of $0.2572 per share. This is a positive change from ProShares Investment Grade Interest Rate Hedged’s previous monthly dividend of $0.23. This represents a $3.09 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date is Tuesday, September 4th.

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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).

Institutional Ownership by Quarter for ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

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