Brave Asset Management Inc. bought a new position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,213 shares of the exchange traded fund’s stock, valued at approximately $264,000.
Several other institutional investors also recently modified their holdings of the business. Headlands Technologies LLC grew its position in ProShares UltraShort 20+ Year Treasury by 60.7% during the second quarter. Headlands Technologies LLC now owns 858 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 324 shares during the period. First National Corp MA ADV bought a new stake in ProShares UltraShort 20+ Year Treasury in the third quarter worth about $1,971,000. Verity Asset Management Inc. boosted its stake in ProShares UltraShort 20+ Year Treasury by 4.0% in the third quarter. Verity Asset Management Inc. now owns 28,375 shares of the exchange traded fund’s stock valued at $845,000 after acquiring an additional 1,082 shares during the last quarter. Finally, Freedom Investment Management Inc. bought a new position in shares of ProShares UltraShort 20+ Year Treasury during the 3rd quarter valued at approximately $454,000.
ProShares UltraShort 20+ Year Treasury Trading Down 3.6 %
ProShares UltraShort 20+ Year Treasury stock opened at $37.27 on Thursday. The business’s 50 day simple moving average is $35.07 and its 200 day simple moving average is $32.83. ProShares UltraShort 20+ Year Treasury has a 12 month low of $28.00 and a 12 month high of $38.98.
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.
See Also
- Five stocks we like better than ProShares UltraShort 20+ Year Treasury
- How to Evaluate a Stock Before BuyingÂ
- Advance Auto Parts: Retail Trends Suggest Big Gains Ahead
- What is Put Option Volume?
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- Short Selling – The Pros and Cons
- How Do Stock Buybacks Affect Shareholders?
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 – Free Report).
Receive News & Ratings for ProShares UltraShort 20+ Year Treasury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort 20+ Year Treasury and related companies with MarketBeat.com's FREE daily email newsletter.
