Virtu Financial LLC Takes Position in ProShares Short High Yield (SJB)

Virtu Financial LLC purchased a new stake in shares of ProShares Short High Yield (NYSEARCA:SJB) during the 4th quarter, HoldingsChannel reports. The fund purchased 48,460 shares of the company’s stock, valued at approximately $1,140,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Almanack Investment Partners LLC. grew its stake in shares of ProShares Short High Yield by 5.5% during the third quarter. Almanack Investment Partners LLC. now owns 594,579 shares of the company’s stock valued at $13,500,000 after purchasing an additional 31,157 shares during the last quarter. Hudock Capital Group LLC grew its stake in shares of ProShares Short High Yield by 26.5% during the third quarter. Hudock Capital Group LLC now owns 108,113 shares of the company’s stock valued at $2,435,000 after purchasing an additional 22,616 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of ProShares Short High Yield by 83.7% during the third quarter. SG Americas Securities LLC now owns 43,887 shares of the company’s stock valued at $989,000 after purchasing an additional 20,000 shares during the last quarter.

Shares of SJB stock opened at $22.57 on Friday. ProShares Short High Yield has a 52-week low of $22.45 and a 52-week high of $24.12.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 3rd. Shareholders of record on Thursday, December 27th were paid a $0.0721 dividend. The ex-dividend date of this dividend was Wednesday, December 26th. This is a boost from ProShares Short High Yield’s previous quarterly dividend of $0.05. This represents a $0.29 dividend on an annualized basis and a yield of 1.28%.

COPYRIGHT VIOLATION NOTICE: “Virtu Financial LLC Takes Position in ProShares Short High Yield (SJB)” was reported by The Lincolnian Online and is the property of of The Lincolnian Online. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.thelincolnianonline.com/2019/01/20/virtu-financial-llc-takes-position-in-proshares-short-high-yield-sjb.html.

Read More: How to Invest in the Dividend Aristocrat Index

Want to see what other hedge funds are holding SJB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short High Yield (NYSEARCA:SJB).

Institutional Ownership by Quarter for ProShares Short High Yield (NYSEARCA:SJB)

Receive News & Ratings for ProShares Short High Yield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short High Yield and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply