Ibex Wealth Advisors Has $14.67 Million Stake in US Treasury 3 Month Bill ETF $TBIL

Ibex Wealth Advisors boosted its holdings in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 12.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 293,321 shares of the company’s stock after buying an additional 33,306 shares during the period. US Treasury 3 Month Bill ETF makes up about 1.4% of Ibex Wealth Advisors’ investment portfolio, making the stock its 12th biggest position. Ibex Wealth Advisors’ holdings in US Treasury 3 Month Bill ETF were worth $14,666,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TBIL. Harbor Investment Advisory LLC acquired a new stake in US Treasury 3 Month Bill ETF during the 3rd quarter worth $30,000. Rothschild Investment LLC bought a new position in shares of US Treasury 3 Month Bill ETF in the 3rd quarter worth $60,000. Creative Financial Designs Inc. ADV grew its stake in shares of US Treasury 3 Month Bill ETF by 15.9% during the second quarter. Creative Financial Designs Inc. ADV now owns 2,248 shares of the company’s stock worth $112,000 after purchasing an additional 308 shares during the period. Vermillion & White Wealth Management Group LLC bought a new stake in US Treasury 3 Month Bill ETF in the second quarter valued at about $198,000. Finally, Arkadios Wealth Advisors bought a new stake in US Treasury 3 Month Bill ETF in the second quarter valued at about $236,000.

US Treasury 3 Month Bill ETF Price Performance

NASDAQ:TBIL opened at $49.85 on Friday. US Treasury 3 Month Bill ETF has a 1-year low of $49.81 and a 1-year high of $50.02. The business’s 50-day moving average price is $49.94 and its two-hundred day moving average price is $49.94.

US Treasury 3 Month Bill ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a dividend of $0.1501 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) annualized dividend and a yield of 3.6%.

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. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.