Visionary Asset Management Inc. acquired a new stake in ProShares Ultra 7-10 Year Treasury (NYSEARCA:UST) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 18,111 shares of the company’s stock, valued at approximately $1,017,000. ProShares Ultra 7-10 Year Treasury makes up about 0.4% of Visionary Asset Management Inc.’s portfolio, making the stock its 15th largest holding. Visionary Asset Management Inc. owned approximately 1.91% of ProShares Ultra 7-10 Year Treasury at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in UST. Jane Street Group LLC raised its holdings in ProShares Ultra 7-10 Year Treasury by 6,743.0% in the 3rd quarter. Jane Street Group LLC now owns 479,966 shares of the company’s stock valued at $25,236,000 after acquiring an additional 472,952 shares in the last quarter. GenWealth Group Inc. raised its holdings in ProShares Ultra 7-10 Year Treasury by 10.7% in the 3rd quarter. GenWealth Group Inc. now owns 49,388 shares of the company’s stock valued at $2,592,000 after acquiring an additional 4,774 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in ProShares Ultra 7-10 Year Treasury in the 3rd quarter valued at $120,000.
NYSEARCA UST traded up $0.30 during midday trading on Friday, hitting $55.71. The company had a trading volume of 21,328 shares, compared to its average volume of 82,293. ProShares Ultra 7-10 Year Treasury has a twelve month low of $51.12 and a twelve month high of $57.20.
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ProShares Ultra 7-10 Year Treasury Company Profile
ProShares Ultra 7-10 Year Treasury (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity of between 7 and 10 years, are non-convertible, are denominated in United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P), are fixed rate, and have more than $250 million par outstanding.
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