UBS Group AG Raises Stake in ProShares UltraShort 20+ Year Treasury $TBT

UBS Group AG boosted its position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 2,299.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 92,131 shares of the exchange traded fund’s stock after purchasing an additional 88,291 shares during the period. UBS Group AG’s holdings in ProShares UltraShort 20+ Year Treasury were worth $3,219,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FNY Investment Advisers LLC bought a new stake in ProShares UltraShort 20+ Year Treasury in the fourth quarter valued at approximately $27,000. Osaic Holdings Inc. lifted its position in ProShares UltraShort 20+ Year Treasury by 442.0% in the second 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 last quarter. Raymond James Financial Inc. bought a new stake in ProShares UltraShort 20+ Year Treasury in the second quarter valued at approximately $50,000. Compass Wealth Management LLC bought a new stake in ProShares UltraShort 20+ Year Treasury in the third quarter valued at approximately $107,000. Finally, ZWJ Investment Counsel Inc. bought a new stake in ProShares UltraShort 20+ Year Treasury in the fourth quarter valued at approximately $200,000.

ProShares UltraShort 20+ Year Treasury Stock Performance

Shares of TBT stock opened at $36.70 on Monday. ProShares UltraShort 20+ Year Treasury has a fifty-two week low of $31.68 and a fifty-two week high of $38.85. The stock has a 50 day moving average price of $35.48 and a two-hundred day moving average price of $34.55.

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.