US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Shares Bought by 49 Wealth Management LLC

49 Wealth Management LLC grew its holdings in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) by 14.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 188,672 shares of the company’s stock after purchasing an additional 23,792 shares during the period. US Treasury 6 Month Bill ETF makes up 1.5% of 49 Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. 49 Wealth Management LLC’s holdings in US Treasury 6 Month Bill ETF were worth $9,471,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Trivant Custom Portfolio Group LLC increased its stake in US Treasury 6 Month Bill ETF by 140.4% during the second quarter. Trivant Custom Portfolio Group LLC now owns 1,207 shares of the company’s stock worth $60,000 after purchasing an additional 705 shares during the period. Bank of New York Mellon Corp grew its stake in shares of US Treasury 6 Month Bill ETF by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock worth $834,000 after acquiring an additional 867 shares in the last quarter. Zions Bancorporation N.A. acquired a new stake in shares of US Treasury 6 Month Bill ETF in the second quarter valued at $426,000. PVG Asset Management Corp purchased a new position in US Treasury 6 Month Bill ETF in the second quarter valued at $473,000. Finally, GoalVest Advisory LLC acquired a new position in US Treasury 6 Month Bill ETF during the 3rd quarter worth $828,000.

US Treasury 6 Month Bill ETF Stock Performance

Shares of NASDAQ XBIL opened at $50.12 on Friday. The stock’s 50-day moving average is $50.10 and its two-hundred day moving average is $50.05. US Treasury 6 Month Bill ETF has a 1-year low of $49.83 and a 1-year high of $50.21.

US Treasury 6 Month Bill ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were issued a $0.1763 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 4.22%.

US Treasury 6 Month Bill ETF Company Profile

The US Treasury 6 Month Bill ETF (XBIL) is an exchange-traded fund that is based on the ICE BofA US 6-Month Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 6-month US Treasury Bill. The fund is designed for those specifically required to track the 6-month tenor on the yield curve.