Renaissance Technologies LLC Raises Holdings in ProShares UltraShort 20+ Year Treasury $TBT

Renaissance Technologies LLC grew its holdings in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 44.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,400 shares of the exchange traded fund’s stock after buying an additional 19,700 shares during the quarter. Renaissance Technologies LLC’s holdings in ProShares UltraShort 20+ Year Treasury were worth $2,263,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Osaic Holdings Inc. grew its holdings in ProShares UltraShort 20+ Year Treasury by 442.0% during the second quarter. Osaic Holdings Inc. now owns 813 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 663 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury during the 2nd quarter worth $50,000. ZWJ Investment Counsel Inc. acquired a new position in shares of ProShares UltraShort 20+ Year Treasury during the 4th quarter worth $200,000. Group One Trading LLC increased its holdings in shares of ProShares UltraShort 20+ Year Treasury by 529.8% in the 1st quarter. Group One Trading LLC now owns 8,231 shares of the exchange traded fund’s stock valued at $289,000 after purchasing an additional 6,924 shares in the last quarter. Finally, IMC Chicago LLC acquired a new position in ProShares UltraShort 20+ Year Treasury during the fourth quarter worth about $390,000.

ProShares UltraShort 20+ Year Treasury Stock Up 1.6%

NYSEARCA TBT opened at $38.45 on Tuesday. The business has a 50 day moving average price of $36.25 and a 200 day moving average price of $35.36. ProShares UltraShort 20+ Year Treasury has a 1-year low of $31.68 and a 1-year high of $38.80.

ProShares UltraShort 20+ Year Treasury Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Wednesday, June 24th were paid a $0.2118 dividend. This represents a $0.85 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, June 24th. This is a positive change from ProShares UltraShort 20+ Year Treasury’s previous quarterly dividend of $0.17.

ProShares UltraShort 20+ Year Treasury Company 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.