Argus Investors Counsel Inc. Sells 2,520 Shares of US Treasury 3 Month Bill ETF $TBIL

Argus Investors Counsel Inc. lowered its holdings in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 37.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,263 shares of the company’s stock after selling 2,520 shares during the quarter. Argus Investors Counsel Inc.’s holdings in US Treasury 3 Month Bill ETF were worth $213,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Moloney Securities Asset Management LLC raised its holdings in shares of US Treasury 3 Month Bill ETF by 224.8% during the 1st quarter. Moloney Securities Asset Management LLC now owns 980,355 shares of the company’s stock valued at $49,028,000 after purchasing an additional 678,520 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of US Treasury 3 Month Bill ETF by 10.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 448,958 shares of the company’s stock valued at $22,452,000 after purchasing an additional 42,621 shares in the last quarter. Ibex Wealth Advisors raised its holdings in shares of US Treasury 3 Month Bill ETF by 8.9% during the 1st quarter. Ibex Wealth Advisors now owns 229,842 shares of the company’s stock valued at $11,494,000 after purchasing an additional 18,817 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in shares of US Treasury 3 Month Bill ETF by 72.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 104,610 shares of the company’s stock valued at $5,230,000 after purchasing an additional 44,034 shares in the last quarter. Finally, Fiduciary Alliance LLC raised its holdings in shares of US Treasury 3 Month Bill ETF by 549.5% during the 1st quarter. Fiduciary Alliance LLC now owns 85,400 shares of the company’s stock valued at $4,271,000 after purchasing an additional 72,252 shares in the last quarter.

US Treasury 3 Month Bill ETF Trading Up 0.1%

Shares of TBIL opened at $50.00 on Friday. US Treasury 3 Month Bill ETF has a one year low of $49.81 and a one year high of $50.05. The company’s fifty day moving average price is $49.93 and its 200 day moving average price is $49.92.

US Treasury 3 Month Bill ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 3rd. Investors of record on Tuesday, September 2nd were issued a dividend of $0.1736 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) annualized dividend and a yield of 4.2%.

About US Treasury 3 Month Bill ETF

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve.