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

ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.373 per share on Friday, March 7th. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from ProShares High Yield-Interest Rate Hedged ETF’s previous dividend of $0.37.

ProShares High Yield-Interest Rate Hedged ETF Stock Up 3.0 %

Shares of BATS HYHG traded up $1.97 during midday trading on Friday, reaching $67.67. The stock had a trading volume of 12,817 shares. ProShares High Yield-Interest Rate Hedged ETF has a twelve month low of $65.87 and a twelve month high of $70.22. The company’s 50 day moving average price is $65.89 and its 200 day moving average price is $65.29.

About ProShares High Yield-Interest Rate Hedged ETF

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.