Cwm LLC trimmed its position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT – Free Report) by 85.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,319 shares of the exchange traded fund’s stock after selling 20,077 shares during the period. Cwm LLC’s holdings in ProShares UltraShort 20+ Year Treasury were worth $116,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. Osaic Holdings Inc. boosted its holdings in ProShares UltraShort 20+ Year Treasury by 442.0% in the 2nd quarter. Osaic Holdings Inc. now owns 813 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 663 shares during the period. FNY Investment Advisers LLC bought a new position in ProShares UltraShort 20+ Year Treasury in the 4th quarter valued at $27,000. Auour Investments LLC boosted its holdings in ProShares UltraShort 20+ Year Treasury by 11.4% in the 3rd quarter. Auour Investments LLC now owns 8,484 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 870 shares during the period. Essex LLC boosted its holdings in ProShares UltraShort 20+ Year Treasury by 17.4% in the 4th quarter. Essex LLC now owns 7,796 shares of the exchange traded fund’s stock valued at $272,000 after purchasing an additional 1,156 shares during the period. Finally, Raymond James Financial Inc. bought a new position in ProShares UltraShort 20+ Year Treasury in the 2nd quarter valued at $50,000.
ProShares UltraShort 20+ Year Treasury Price Performance
Shares of NYSEARCA:TBT opened at $35.67 on Friday. The firm has a fifty day moving average price of $34.73 and a two-hundred day moving average price of $34.21. ProShares UltraShort 20+ Year Treasury has a one year low of $31.68 and a one year high of $39.70.
ProShares UltraShort 20+ Year Treasury 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.
Further Reading
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