NYSEARCA:TBT - ProShares UltraShort 20+ Year Treasury Stock Price, News, & Analysis

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$39.79 -0.48 (-1.19 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$39.79
Today's Range$39.68 - $40.32
52-Week Range$33.06 - $41.70
Volume2.50 million shs
Average Volume3.00 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.50%
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$2.08 billion
Average Daily Volume$2.70 million
Discount/Premium-1.02%

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 20+ Year Treasury (NYSEARCA:TBT) Frequently Asked Questions

What is ProShares UltraShort 20+ Year Treasury's stock symbol?

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

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

ProShares UltraShort 20+ Year Treasury declared a quarterly dividend on Thursday, September 27th. Shareholders of record on Thursday, September 27th will be paid a dividend of $0.104 per share on Wednesday, October 3rd. This represents a $0.42 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Wednesday, September 26th. View ProShares UltraShort 20+ Year Treasury's Dividend History.

Has ProShares UltraShort 20+ Year Treasury been receiving favorable news coverage?

News coverage about TBT stock has been trending very positive on Sunday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ProShares UltraShort 20+ Year Treasury earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned news stories about the exchange traded fund a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.

Who are ProShares UltraShort 20+ Year Treasury's key executives?

ProShares UltraShort 20+ Year Treasury'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)

Who are ProShares UltraShort 20+ Year Treasury's major shareholders?

ProShares UltraShort 20+ Year Treasury's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bramshill Investments LLC (3.22%), Kingfisher Capital LLC (0.24%), Verity Asset Management Inc. (0.13%), Capital Investment Counsel Inc (0.11%), Livingston Group Asset Management CO operating as Southport Capital Management (0.05%) and Alpha Cubed Investments LLC (0.04%).

Which institutional investors are selling ProShares UltraShort 20+ Year Treasury stock?

TBT stock was sold by a variety of institutional investors in the last quarter, including US Bancorp DE, SG Americas Securities LLC, Opera Trading Capital, Verity Asset Management Inc. and Livingston Group Asset Management CO operating as Southport Capital Management.

Which institutional investors are buying ProShares UltraShort 20+ Year Treasury stock?

TBT stock was bought by a variety of institutional investors in the last quarter, including Bramshill Investments LLC, Alpha Cubed Investments LLC, Flow Traders U.S. LLC, Kingfisher Capital LLC, West Chester Capital Advisors Inc., LPL Financial LLC, Creative Planning and FNY Investment Advisers LLC.

How do I buy shares of ProShares UltraShort 20+ Year Treasury?

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 20+ Year Treasury's stock price today?

One share of TBT stock can currently be purchased for approximately $39.79.

What is ProShares UltraShort 20+ Year Treasury's official website?

The official website for ProShares UltraShort 20+ Year Treasury is http://www.proshares.com/.

How can I contact ProShares UltraShort 20+ Year Treasury?

ProShares UltraShort 20+ Year Treasury'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 20+ Year Treasury (NYSEARCA TBT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  44 (Vote Outperform)
Underperform Votes:  41 (Vote Underperform)
Total Votes:  85
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraShort 20+ Year Treasury 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 11/18/2018 by MarketBeat.com Staff

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