Headlands Technologies LLC Makes New Investment in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Headlands Technologies LLC bought a new stake in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,040 shares of the exchange traded fund’s stock, valued at approximately $148,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in ProShares UltraShort 20+ Year Treasury by 321.2% in the 4th quarter. JPMorgan Chase & Co. now owns 796 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 607 shares during the last quarter. Simplex Trading LLC boosted its stake in shares of ProShares UltraShort 20+ Year Treasury by 1,958.7% in the fourth quarter. Simplex Trading LLC now owns 93,671 shares of the exchange traded fund’s stock worth $3,430,000 after acquiring an additional 89,121 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its position in shares of ProShares UltraShort 20+ Year Treasury by 7.1% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 18,618 shares of the exchange traded fund’s stock worth $682,000 after purchasing an additional 1,234 shares in the last quarter. Northwest Capital Management Inc acquired a new position in ProShares UltraShort 20+ Year Treasury in the 4th quarter valued at $915,000. Finally, Auour Investments LLC lifted its holdings in ProShares UltraShort 20+ Year Treasury by 6.9% in the 4th quarter. Auour Investments LLC now owns 6,411 shares of the exchange traded fund’s stock valued at $234,000 after purchasing an additional 413 shares in the last quarter.

ProShares UltraShort 20+ Year Treasury Stock Down 2.1 %

Shares of NYSEARCA TBT opened at $32.00 on Friday. ProShares UltraShort 20+ Year Treasury has a 12-month low of $28.00 and a 12-month high of $38.98. The company has a 50-day moving average of $34.59 and a 200 day moving average of $34.21.

ProShares UltraShort 20+ Year Treasury Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.2549 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.