Fri Sep 20 12:38:58 UTC 2024: ## Virtu Financial Takes a $882,000 Stake in Direxion Daily 7-10 Year Treasury Bull 3x Shares

**New York, NY – September 20, 2024** – Virtu Financial LLC, a prominent financial services firm, has disclosed a new position in Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) during the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.

The fund acquired 35,470 shares of TYD, valued at approximately $882,000, representing approximately 2.03% of the company’s outstanding shares. This investment signals Virtu Financial’s confidence in the potential growth of the long-term U.S. Treasury market.

TYD, a leveraged exchange-traded fund (ETF), aims to provide triple the daily return of the 7-10 year U.S. Treasury market. The ETF opened at $28.78 on Friday, with a 1-year low of $22.25 and a 1-year high of $29.44. Its 50-day and 200-day moving averages are currently $27.55 and $25.89, respectively.

Analysts are eagerly watching the performance of TYD and other treasury-related investments as investors navigate the evolving macroeconomic landscape.

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