US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Trading Up 0% – Here’s What Happened

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) rose 0% during mid-day trading on Friday . The stock traded as high as $50.16 and last traded at $50.15. Approximately 108,282 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 125,097 shares. The stock had previously closed at $50.14.

US Treasury 6 Month Bill ETF Price Performance

The firm has a fifty day simple moving average of $50.13 and a two-hundred day simple moving average of $50.12.

US Treasury 6 Month Bill ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a $0.15 dividend. The ex-dividend date was Thursday, January 29th. This represents a c) annualized dividend and a yield of 3.6%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in XBIL. Alpine Bank Wealth Management increased its position in shares of US Treasury 6 Month Bill ETF by 133.5% during the fourth quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock valued at $4,660,000 after buying an additional 53,215 shares during the period. Harbor Investment Advisory LLC bought a new stake in US Treasury 6 Month Bill ETF during the 3rd quarter valued at approximately $754,000. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of US Treasury 6 Month Bill ETF by 8.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock worth $6,253,000 after acquiring an additional 9,831 shares during the period.

About US Treasury 6 Month Bill ETF

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. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.