49 Wealth Management LLC Has $6.11 Million Stake in US Treasury 6 Month Bill ETF $XBIL

49 Wealth Management LLC reduced its holdings in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) by 50.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,809 shares of the company’s stock after selling 124,122 shares during the quarter. US Treasury 6 Month Bill ETF makes up approximately 0.6% of 49 Wealth Management LLC’s holdings, making the stock its 21st largest holding. 49 Wealth Management LLC owned about 0.77% of US Treasury 6 Month Bill ETF worth $6,114,000 at the end of the most recent quarter.

Separately, Harbor Investment Advisory LLC bought a new position in US Treasury 6 Month Bill ETF in the 3rd quarter valued at $754,000.

US Treasury 6 Month Bill ETF Price Performance

US Treasury 6 Month Bill ETF stock opened at $50.04 on Friday. The business’s fifty day moving average is $50.12 and its two-hundred day moving average is $50.13. US Treasury 6 Month Bill ETF has a 52 week low of $49.90 and a 52 week high of $50.22.

US Treasury 6 Month Bill ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a dividend of $0.1463 per share. The ex-dividend date was Thursday, February 26th.

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