Proficio Capital Partners LLC Purchases Shares of 343,893 ProShares UltraShort 20+ Year Treasury $TBT

Proficio Capital Partners LLC purchased a new stake in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 343,893 shares of the exchange traded fund’s stock, valued at approximately $12,016,000. Proficio Capital Partners LLC owned about 4.17% of ProShares UltraShort 20+ Year Treasury at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Osaic Holdings Inc. grew its holdings in ProShares UltraShort 20+ Year Treasury by 442.0% during the 2nd quarter. Osaic Holdings Inc. now owns 813 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 663 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury in the second quarter valued at $35,000. Raymond James Financial Inc. purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury in the second quarter valued at $50,000. Group One Trading LLC boosted its stake in shares of ProShares UltraShort 20+ Year Treasury by 529.8% during the first quarter. Group One Trading LLC now owns 8,231 shares of the exchange traded fund’s stock valued at $289,000 after acquiring an additional 6,924 shares during the last quarter. Finally, IMC Chicago LLC acquired a new stake in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter valued at $390,000.

ProShares UltraShort 20+ Year Treasury Trading Up 1.0%

ProShares UltraShort 20+ Year Treasury stock opened at $38.15 on Tuesday. The stock has a 50-day moving average price of $37.00 and a 200 day moving average price of $35.72. ProShares UltraShort 20+ Year Treasury has a 52 week low of $31.68 and a 52 week high of $39.32.

ProShares UltraShort 20+ Year Treasury Increases Dividend

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

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.