Two Sigma Securities LLC Acquires 4,349 Shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Two Sigma Securities LLC increased its holdings in shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 21.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,765 shares of the exchange traded fund’s stock after purchasing an additional 4,349 shares during the quarter. Two Sigma Securities LLC owned 0.24% of ProShares UltraShort 20+ Year Treasury worth $907,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. First National Corp MA ADV lifted its position in ProShares UltraShort 20+ Year Treasury by 244.2% in the 4th quarter. First National Corp MA ADV now owns 227,798 shares of the exchange traded fund’s stock valued at $8,342,000 after acquiring an additional 161,610 shares in the last quarter. Simplex Trading LLC boosted its position in shares of ProShares UltraShort 20+ Year Treasury by 1,958.7% during the fourth quarter. Simplex Trading LLC now owns 93,671 shares of the exchange traded fund’s stock worth $3,430,000 after buying an additional 89,121 shares during the period. Client First Investment Management LLC bought a new position in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter worth about $3,210,000. J. Safra Sarasin Holding AG acquired a new stake in ProShares UltraShort 20+ Year Treasury in the 4th quarter valued at approximately $2,222,000. Finally, Empowered Funds LLC acquired a new stake in ProShares UltraShort 20+ Year Treasury in the 4th quarter valued at approximately $1,327,000.

ProShares UltraShort 20+ Year Treasury Stock Down 2.1 %

NYSEARCA:TBT opened at $35.37 on Friday. ProShares UltraShort 20+ Year Treasury has a twelve month low of $28.00 and a twelve month high of $38.98. The business has a 50 day moving average price of $34.61 and a two-hundred day moving average price of $34.80.

ProShares UltraShort 20+ Year Treasury Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th were given a $0.2549 dividend. The ex-dividend date was Wednesday, March 26th.

About ProShares UltraShort 20+ Year Treasury

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.