Robinson Value Management Ltd. acquired a new position in ProShares Short 20+ Year Treasury (NYSEARCA:TBF – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 178,115 shares of the company’s stock, valued at approximately $4,775,000. ProShares Short 20+ Year Treasury makes up 2.7% of Robinson Value Management Ltd.’s holdings, making the stock its 8th biggest holding. Robinson Value Management Ltd. owned 3.66% of ProShares Short 20+ Year Treasury at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisors Preferred LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury during the first quarter valued at about $2,482,000. Independent Financial Group LLC acquired a new position in shares of ProShares Short 20+ Year Treasury in the first quarter worth about $363,000. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of ProShares Short 20+ Year Treasury in the first quarter worth about $282,000. Worth Asset Management LLC acquired a new position in shares of ProShares Short 20+ Year Treasury in the third quarter worth about $282,000. Finally, Horrell Capital Management Inc. purchased a new position in ProShares Short 20+ Year Treasury in the third quarter valued at about $268,000.
ProShares Short 20+ Year Treasury Price Performance
Shares of TBF opened at $25.99 on Wednesday. ProShares Short 20+ Year Treasury has a one year low of $23.01 and a one year high of $27.21. The stock has a 50-day moving average price of $25.90 and a 200 day moving average price of $25.07.
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.
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