Financial Advocates Investment Management Has $1.71 Million Stake in ProShares Hedge Replication ETF (HDG)

Financial Advocates Investment Management raised its stake in ProShares Hedge Replication ETF (NYSEARCA:HDG) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,195 shares of the company’s stock after purchasing an additional 619 shares during the quarter. Financial Advocates Investment Management owned 2.63% of ProShares Hedge Replication ETF worth $1,711,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC boosted its position in ProShares Hedge Replication ETF by 55.4% during the third quarter. Jane Street Group LLC now owns 110,156 shares of the company’s stock worth $5,005,000 after purchasing an additional 39,290 shares in the last quarter.

HDG remained flat at $$45.58 during trading on Friday. The company’s stock had a trading volume of 610 shares, compared to its average volume of 4,397. ProShares Hedge Replication ETF has a one year low of $42.40 and a one year high of $46.00.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were issued a $0.1389 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.22%. This is a boost from ProShares Hedge Replication ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Wednesday, March 20th.

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Institutional Ownership by Quarter for ProShares Hedge Replication ETF (NYSEARCA:HDG)

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