US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Trading 0% Higher – Time to Buy?

US Treasury 12 Month Bill ETF (NASDAQ:OBIL)’s stock price traded up 0% during mid-day trading on Wednesday . The company traded as high as $50.27 and last traded at $50.2650. 28,351 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 43,326 shares. The stock had previously closed at $50.26.

US Treasury 12 Month Bill ETF Stock Performance

The business has a 50 day moving average of $50.25 and a two-hundred day moving average of $50.22.

US Treasury 12 Month Bill ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Thursday, February 26th will be given a dividend of $0.145 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, February 26th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of OBIL. Nations Financial Group Inc. IA ADV boosted its stake in US Treasury 12 Month Bill ETF by 1.6% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 137,888 shares of the company’s stock valued at $6,921,000 after acquiring an additional 2,154 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in shares of US Treasury 12 Month Bill ETF by 2,385.1% during the 2nd quarter. Flow Traders U.S. LLC now owns 105,367 shares of the company’s stock valued at $5,289,000 after purchasing an additional 101,127 shares during the last quarter. Alpine Bank Wealth Management lifted its holdings in shares of US Treasury 12 Month Bill ETF by 43.6% during the 3rd quarter. Alpine Bank Wealth Management now owns 69,540 shares of the company’s stock valued at $3,498,000 after purchasing an additional 21,124 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of US Treasury 12 Month Bill ETF by 8.8% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 15,508 shares of the company’s stock worth $780,000 after purchasing an additional 1,250 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in US Treasury 12 Month Bill ETF by 6,810.5% during the 4th quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock worth $694,000 after buying an additional 13,621 shares during the last quarter.

US Treasury 12 Month Bill ETF Company Profile

The US Treasury 12 Month Bill ETF (OBIL) is an exchange-traded fund that is based on the ICE BofA US 1-Year Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 12-month US Treasury bill. The fund is designed for those specifically required to track the 12-month tenor on the yield curve OBIL was launched on Nov 15, 2022 and is managed by F/m Investments.