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

ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders 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 an increase from ProShares Investment Grade Interest Rate Hedged’s previous dividend of $0.32.

ProShares Investment Grade Interest Rate Hedged Trading Down 0.8 %

Shares of BATS IGHG traded down $0.66 during mid-day trading on Friday, reaching $77.48. The company had a trading volume of 25,464 shares. The firm has a 50 day simple moving average of $78.19 and a two-hundred day simple moving average of $77.60. ProShares Investment Grade Interest Rate Hedged has a 52-week low of $75.13 and a 52-week 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.