ProShares UltraShort 20+ Year Treasury (TBT) Shares Sold by Verity Asset Management Inc.

Verity Asset Management Inc. lessened its position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 19.0% during the third quarter, HoldingsChannel.com reports. The fund owned 54,676 shares of the exchange traded fund’s stock after selling 12,832 shares during the quarter. ProShares UltraShort 20+ Year Treasury comprises approximately 2.1% of Verity Asset Management Inc.’s investment portfolio, making the stock its 7th largest position. Verity Asset Management Inc.’s holdings in ProShares UltraShort 20+ Year Treasury were worth $2,096,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC increased its stake in ProShares UltraShort 20+ Year Treasury by 218.2% during the 3rd quarter. FNY Investment Advisers LLC now owns 3,500 shares of the exchange traded fund’s stock valued at $134,000 after buying an additional 2,400 shares during the period. Capital Investment Counsel Inc increased its stake in ProShares UltraShort 20+ Year Treasury by 4.1% during the 3rd quarter. Capital Investment Counsel Inc now owns 45,217 shares of the exchange traded fund’s stock valued at $1,733,000 after buying an additional 1,800 shares during the period. West Chester Capital Advisors Inc. acquired a new position in ProShares UltraShort 20+ Year Treasury during the 3rd quarter valued at about $230,000. Alpha Cubed Investments LLC acquired a new position in ProShares UltraShort 20+ Year Treasury during the 3rd quarter valued at about $760,000. Finally, Creative Planning acquired a new position in ProShares UltraShort 20+ Year Treasury during the 3rd quarter valued at about $205,000.

ProShares UltraShort 20+ Year Treasury stock opened at $39.72 on Monday. ProShares UltraShort 20+ Year Treasury has a 52 week low of $33.06 and a 52 week high of $41.70.

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ProShares UltraShort 20+ Year Treasury Company Profile

ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.

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Want to see what other hedge funds are holding TBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT).

Institutional Ownership by Quarter for ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

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