Bank of New York Mellon Corp Has $240,000 Stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Bank of New York Mellon Corp trimmed its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 36.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,002 shares of the company’s stock after selling 3,447 shares during the quarter. Bank of New York Mellon Corp’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the business. PayPay Securities Corp raised its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 930.0% in the 4th quarter. PayPay Securities Corp now owns 618 shares of the company’s stock valued at $25,000 after acquiring an additional 558 shares in the last quarter. HighTower Advisors LLC bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 3rd quarter worth about $209,000. Arkadios Wealth Advisors acquired a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 4th quarter valued at approximately $208,000. Innova Wealth Partners acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 4th quarter worth approximately $316,000. Finally, IHT Wealth Management LLC bought a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the third quarter worth $583,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Price Performance

Shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares stock opened at $42.80 on Friday. The company’s fifty day moving average price is $42.54 and its two-hundred day moving average price is $46.23. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 52-week low of $36.51 and a 52-week high of $64.98.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be paid a dividend of $0.2879 per share. The ex-dividend date of this dividend is Tuesday, March 25th.

About Direxion Daily 20 Year Plus Treasury Bull 3x Shares

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.