US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Strong Trading Volume – Here’s What Happened

Shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw unusually-high trading volume on Friday . Approximately 146,281 shares were traded during trading, an increase of 12% from the previous session’s volume of 130,213 shares.The stock last traded at $50.10 and had previously closed at $50.08.

US Treasury 6 Month Bill ETF Stock Performance

The firm has a fifty day moving average price of $50.09 and a two-hundred day moving average price of $50.12.

US Treasury 6 Month Bill ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were paid a $0.1463 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Institutional Trading of US Treasury 6 Month Bill ETF

Several institutional investors have recently added to or reduced their stakes in XBIL. Harbor Investment Advisory LLC bought a new stake in US Treasury 6 Month Bill ETF in the third quarter worth about $754,000. Alpine Bank Wealth Management lifted its stake in US Treasury 6 Month Bill ETF by 110.8% in the third quarter. Alpine Bank Wealth Management now owns 39,850 shares of the company’s stock worth $2,000,000 after purchasing an additional 20,945 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in US Treasury 6 Month Bill ETF by 8.6% in the third quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock worth $6,253,000 after purchasing an additional 9,831 shares during the last quarter.

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.