Vontobel Holding Ltd. Lowers Holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Vontobel Holding Ltd. reduced its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 68.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,390 shares of the company’s stock after selling 16,075 shares during the period. Vontobel Holding Ltd.’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $427,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Jane Street Group LLC boosted its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 1,989.2% during the first quarter. Jane Street Group LLC now owns 15,175,854 shares of the company’s stock valued at $827,084,000 after buying an additional 14,449,454 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the first quarter worth approximately $4,584,000. SG Americas Securities LLC raised its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 33.0% during the third quarter. SG Americas Securities LLC now owns 62,130 shares of the company’s stock valued at $3,589,000 after purchasing an additional 15,404 shares during the last quarter. Capital Investment Counsel Inc lifted its position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 176.9% during the second quarter. Capital Investment Counsel Inc now owns 29,270 shares of the company’s stock valued at $1,420,000 after purchasing an additional 18,700 shares during the period. Finally, ORG Wealth Partners LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the third quarter worth approximately $1,673,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Up 0.3 %

Shares of NYSEARCA:TMF opened at $48.04 on Wednesday. The firm’s 50 day moving average price is $57.23 and its 200-day moving average price is $52.30. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a twelve month low of $38.30 and a twelve month high of $67.87.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.