ProShares Equities for Rising Rates ETF (NASDAQ:EQRR) Raises Dividend to $0.37 Per Share

ProShares Equities for Rising Rates ETF (NASDAQ:EQRRGet Rating) declared a quarterly dividend on Tuesday, June 21st, Zacks reports. Investors of record on Thursday, June 23rd will be given a dividend of 0.368 per share on Wednesday, June 29th. This represents a $1.47 annualized dividend and a yield of 3.22%. The ex-dividend date is Wednesday, June 22nd. This is a boost from ProShares Equities for Rising Rates ETF’s previous quarterly dividend of $0.13.

ProShares Equities for Rising Rates ETF stock opened at $45.69 on Thursday. The firm has a 50 day moving average price of $51.77 and a 200-day moving average price of $52.29. ProShares Equities for Rising Rates ETF has a twelve month low of $44.65 and a twelve month high of $56.87.

Hedge funds and other institutional investors have recently modified their holdings of the business. Atria Wealth Solutions Inc. bought a new stake in ProShares Equities for Rising Rates ETF in the first quarter valued at $395,000. Jane Street Group LLC boosted its holdings in ProShares Equities for Rising Rates ETF by 78.5% in the first quarter. Jane Street Group LLC now owns 20,554 shares of the company’s stock valued at $1,107,000 after acquiring an additional 9,036 shares in the last quarter. Founders Financial Securities LLC purchased a new position in ProShares Equities for Rising Rates ETF during the first quarter valued at $1,569,000. Cetera Investment Advisers purchased a new position in ProShares Equities for Rising Rates ETF during the first quarter valued at $3,039,000. Finally, Goldman Sachs Group Inc. purchased a new position in ProShares Equities for Rising Rates ETF during the first quarter valued at $9,698,000.

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Dividend History for ProShares Equities for Rising Rates ETF (NASDAQ:EQRR)

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