Janney Montgomery Scott LLC Sells 243 Shares of US Treasury 3 Month Bill ETF $TBIL

Janney Montgomery Scott LLC trimmed its holdings in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,093 shares of the company’s stock after selling 243 shares during the period. Janney Montgomery Scott LLC’s holdings in US Treasury 3 Month Bill ETF were worth $805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Alpine Bank Wealth Management lifted its position in shares of US Treasury 3 Month Bill ETF by 188.9% during the second quarter. Alpine Bank Wealth Management now owns 189,728 shares of the company’s stock valued at $9,485,000 after purchasing an additional 124,063 shares in the last quarter. AdvisorNet Financial Inc lifted its position in shares of US Treasury 3 Month Bill ETF by 72.7% during the second 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. S.A. Mason LLC bought a new position in shares of US Treasury 3 Month Bill ETF during the second quarter valued at about $115,000. Farther Finance Advisors LLC lifted its position in shares of US Treasury 3 Month Bill ETF by 16.4% during the second quarter. Farther Finance Advisors LLC now owns 69,086 shares of the company’s stock valued at $3,454,000 after purchasing an additional 9,744 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of US Treasury 3 Month Bill ETF by 25.9% during the second quarter. Parallel Advisors LLC now owns 74,773 shares of the company’s stock valued at $3,738,000 after purchasing an additional 15,364 shares in the last quarter.

US Treasury 3 Month Bill ETF Price Performance

TBIL opened at $49.92 on Thursday. The company’s 50-day moving average is $49.93 and its 200 day moving average is $49.92. US Treasury 3 Month Bill ETF has a fifty-two week low of $49.81 and a fifty-two week high of $50.04.

US Treasury 3 Month Bill ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Wednesday, October 1st were given a dividend of $0.1639 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, October 1st.

US Treasury 3 Month Bill ETF Company Profile

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.