Advisors Preferred LLC Takes $2.48 Million Position in ProShares Short 20+ Year Treasury $TBF

Advisors Preferred LLC acquired a new stake in shares of ProShares Short 20+ Year Treasury (NYSEARCA:TBF) during the first quarter, Holdings Channel reports. The firm acquired 102,425 shares of the company’s stock, valued at approximately $2,482,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TBF. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in ProShares Short 20+ Year Treasury in the first quarter worth approximately $282,000. Worth Asset Management LLC increased its position in shares of ProShares Short 20+ Year Treasury by 76.4% during the 1st quarter. Worth Asset Management LLC now owns 16,811 shares of the company’s stock valued at $407,000 after purchasing an additional 7,282 shares during the period. Advisory Services Network LLC increased its position in shares of ProShares Short 20+ Year Treasury by 20.4% during the 4th quarter. Advisory Services Network LLC now owns 24,150 shares of the company’s stock valued at $582,000 after purchasing an additional 4,100 shares during the period. Mariner LLC acquired a new position in shares of ProShares Short 20+ Year Treasury during the 4th quarter valued at $201,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of ProShares Short 20+ Year Treasury in the 4th quarter worth $72,000.

ProShares Short 20+ Year Treasury Stock Performance

Shares of ProShares Short 20+ Year Treasury stock opened at $24.84 on Wednesday. The business has a fifty day simple moving average of $24.57 and a 200-day simple moving average of $24.22. ProShares Short 20+ Year Treasury has a fifty-two week low of $23.01 and a fifty-two week high of $25.41.

ProShares Short 20+ Year Treasury Company 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.