NYSEARCA:TBT - ProShares UltraShort Lehman 20+ Yr Stock Price, Price Target & More

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$36.72 -0.27 (-0.73 %)
(As of 06/21/2018 09:49 AM ET)
Previous Close$36.73
Today's Range$36.72 - $36.73
52-Week Range$32.99 - $39.86
Volume400 shs
Average Volume3.47 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.07%
BetaN/A
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. The Index is weighted by the relative market value of all securities meeting the Index criteria. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index. The Fund's investment advisor is ProShare Advisors LLC.

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Basic Details

Issuer ProShares
Fund NameProShares UltraShort 20+ Year Treasury
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:TBT
Inception Date4/29/2008
Fund ManagerMichelle Liu, Jeffrey Ploshnick
Phone+1-240-4976400

Fund Focus

Asset ClassFixed Income
BenchmarkBarclays US Treasury 20+ Yr TR USD
CategoryU.S. Government
FocusTreasury
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$2.10 billion
Average Daily Volume$3.03 million
Discount/Premium-0.43%

ETF Expenses

Management Fee0.75%
Other Expenses0.15%
Total Expenses0.90%
Fee Waiver0.00%
Net Expenses0.90%

Administrator, Advisor and Custodian

AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Trustee
Lead Market MakerIMC Chicago

ProShares UltraShort Lehman 20+ Yr (NYSEARCA:TBT) Frequently Asked Questions

What is ProShares UltraShort Lehman 20+ Yr's stock symbol?

ProShares UltraShort Lehman 20+ Yr trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "TBT."

How often does ProShares UltraShort Lehman 20+ Yr pay dividends? What is the dividend yield for ProShares UltraShort Lehman 20+ Yr?

ProShares UltraShort Lehman 20+ Yr announced a special dividend on Wednesday, March 21st. Stockholders of record on Thursday, March 22nd will be paid a dividend of $0.0265 per share on Wednesday, March 28th. The ex-dividend date of this dividend is Wednesday, March 21st. View ProShares UltraShort Lehman 20+ Yr's Dividend History.

Who are ProShares UltraShort Lehman 20+ Yr's key executives?

ProShares UltraShort Lehman 20+ Yr's management team includes the folowing people:
  • Michael L. Sapir, Chairman of ProShares Trust (Age 57)
  • Louis M. Mayberg, President of ProShares Trust (Age 53)
  • Victor M. Frye Esq., Chief Compliance Officer and AML Officer of ProShares Trust (Age 56)
  • Simon D. Collier, Treasurer of ProShares Trust (Age 51)
  • Gary A. Casagrande, Assistant Treasurer of ProShares Trust (Age 40)
  • Charles S. Todd, Assistant Treasurer of ProShares Trust (Age 41)
  • Stephenie Adams, Acting Secretary of ProShares Trust (Age 43)
  • Gregory Pickard Esq., Assistant Secretary of ProShares Trust (Age 48)
  • Russell S. Reynolds III, Trustee of ProShares Trust (Age 55)
  • Michael C. Wachs, Trustee of ProShares Trust (Age 51)

Has ProShares UltraShort Lehman 20+ Yr been receiving favorable news coverage?

Media stories about TBT stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ProShares UltraShort Lehman 20+ Yr earned a media sentiment score of 0.03 on Accern's scale. They also assigned press coverage about the exchange traded fund an impact score of 45.76 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are ProShares UltraShort Lehman 20+ Yr's major shareholders?

ProShares UltraShort Lehman 20+ Yr's stock is owned by a number of of institutional and retail investors. Top institutional investors include Kingfisher Capital LLC (0.17%), Verity Asset Management Inc. (0.14%), AdvisorNet Financial Inc (0.13%), US Bancorp DE (0.08%), PVG Asset Management Corp (0.08%) and Gabelli Funds LLC (0.02%). View Institutional Ownership Trends for ProShares UltraShort Lehman 20+ Yr.

Which major investors are selling ProShares UltraShort Lehman 20+ Yr stock?

TBT stock was sold by a variety of institutional investors in the last quarter, including Trust Asset Management LLC, PVG Asset Management Corp and Verity Asset Management Inc.. View Insider Buying and Selling for ProShares UltraShort Lehman 20+ Yr.

Which major investors are buying ProShares UltraShort Lehman 20+ Yr stock?

TBT stock was purchased by a variety of institutional investors in the last quarter, including AdvisorNet Financial Inc, US Bancorp DE, Gabelli Funds LLC, Kingfisher Capital LLC and Peregrine Asset Advisers Inc.. View Insider Buying and Selling for ProShares UltraShort Lehman 20+ Yr.

How do I buy shares of ProShares UltraShort Lehman 20+ Yr?

Shares of TBT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ProShares UltraShort Lehman 20+ Yr's stock price today?

One share of TBT stock can currently be purchased for approximately $36.72.

How can I contact ProShares UltraShort Lehman 20+ Yr?

ProShares UltraShort Lehman 20+ Yr's mailing address is 7501 Wisconsin Avenue Suite 1000 - East Tower, Bethesda, MD 20814, United States. The exchange traded fund can be reached via phone at +1-240-4976400.


MarketBeat Community Rating for ProShares UltraShort Lehman 20+ Yr (TBT)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  38 (Vote Outperform)
Underperform Votes:  26 (Vote Underperform)
Total Votes:  64
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraShort Lehman 20+ Yr and other stocks. Vote "Outperform" if you believe TBT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TBT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/21/2018 by MarketBeat.com Staff

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