Mosaic Financial Partners Inc. cut its stake in ProShares Ultra Financials (NYSEARCA:UYG) by 18.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,850 shares of the company’s stock after selling 640 shares during the period. Mosaic Financial Partners Inc.’s holdings in ProShares Ultra Financials were worth $364,000 at the end of the most recent quarter.

ProShares Ultra Financials (NYSEARCA:UYG) opened at $137.67 on Monday. ProShares Ultra Financials has a 1-year low of $91.37 and a 1-year high of $137.67.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Wednesday, December 27th were issued a $0.3666 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date was Tuesday, December 26th.

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About ProShares Ultra Financials

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.

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