D. Scott Neal Inc. Buys 31,408 Shares of ProShares Short 20+ Year Treasury (NYSEARCA:TBF)

D. Scott Neal Inc. increased its stake in ProShares Short 20+ Year Treasury (NYSEARCA:TBF – Get Rating) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 355,976 shares of the company’s stock after acquiring an additional 31,408 shares during the period. ProShares Short 20+ Year Treasury makes up 3.9% of D. Scott Neal Inc.’s investment portfolio, making the stock its 7th largest position. D. Scott Neal Inc. owned about 2.21% of ProShares Short 20+ Year Treasury worth $8,074,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Captrust Financial Advisors boosted its position in shares of ProShares Short 20+ Year Treasury by 4.6% in the third quarter. Captrust Financial Advisors now owns 13,600 shares of the company’s stock worth $303,000 after acquiring an additional 600 shares during the last quarter. SeaCrest Wealth Management LLC raised its holdings in ProShares Short 20+ Year Treasury by 624.3% in the third quarter. SeaCrest Wealth Management LLC now owns 61,747 shares of the company’s stock valued at $1,377,000 after buying an additional 53,222 shares during the period. Sowell Financial Services LLC purchased a new position in ProShares Short 20+ Year Treasury in the third quarter valued at approximately $638,000. Q3 Asset Management purchased a new position in ProShares Short 20+ Year Treasury in the third quarter valued at approximately $24,214,000. Finally, Belpointe Asset Management LLC purchased a new position in ProShares Short 20+ Year Treasury in the third quarter valued at approximately $417,000.

ProShares Short 20+ Year Treasury Stock Performance

NYSEARCA TBF opened at $21.21 on Friday. ProShares Short 20+ Year Treasury has a one year low of $17.56 and a one year high of $24.81. The company’s 50 day moving average price is $21.66 and its 200 day moving average price is $22.05.

ProShares Short 20+ Year Treasury Profile

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ProShares Short 20+ Year Treasury (the Fund) seeks daily investment results and interest income earned on cash and financial instruments, which correspond to the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index (the Index). The Fund seeks a return of -100% of the return of an index for a single day.