Robinson Value Management Ltd. Makes New Investment in ProShares Short 20+ Year Treasury $TBF

Robinson Value Management Ltd. purchased a new stake in ProShares Short 20+ Year Treasury (NYSEARCA:TBF) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 178,115 shares of the company’s stock, valued at approximately $4,775,000. ProShares Short 20+ Year Treasury comprises approximately 2.7% of Robinson Value Management Ltd.’s holdings, making the stock its 8th largest holding.

A number of other large investors have also recently added to or reduced their stakes in the stock. Advisors Preferred LLC bought a new position in ProShares Short 20+ Year Treasury during the 1st quarter valued at $2,482,000. Worth Asset Management LLC increased its position in shares of ProShares Short 20+ Year Treasury by 76.4% in the 1st quarter. Worth Asset Management LLC now owns 16,811 shares of the company’s stock worth $407,000 after purchasing an additional 7,282 shares during the last quarter. Independent Financial Group LLC bought a new stake in shares of ProShares Short 20+ Year Treasury in the 1st quarter worth about $363,000. Walser Wealth Management Company A Ltd Liability Co increased its position in shares of ProShares Short 20+ Year Treasury by 16.8% in the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 12,736 shares of the company’s stock worth $341,000 after purchasing an additional 1,829 shares during the last quarter. Finally, Horrell Capital Management Inc. bought a new stake in shares of ProShares Short 20+ Year Treasury in the 3rd quarter worth about $268,000.

ProShares Short 20+ Year Treasury Stock Performance

Shares of ProShares Short 20+ Year Treasury stock opened at $25.99 on Wednesday. The firm’s 50-day simple moving average is $25.90 and its 200-day simple moving average is $25.07. ProShares Short 20+ Year Treasury has a 1 year low of $23.01 and a 1 year high of $27.21.

ProShares Short 20+ Year Treasury Profile

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. The Barclays Capital 20+ Year U.S. Treasury Index includes all publicly issued, 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, are fixed rate, and have more than $250 million par outstanding.