US Treasury 3 Month Bill ETF $TBIL Stock Position Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its holdings in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 75.1% during the third quarter, Holdings Channel.com reports. The firm owned 265,113 shares of the company’s stock after buying an additional 113,730 shares during the quarter. JPMorgan Chase & Co.’s holdings in US Treasury 3 Month Bill ETF were worth $13,256,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its holdings in US Treasury 3 Month Bill ETF by 31.3% in the second quarter. EverSource Wealth Advisors LLC now owns 4,748 shares of the company’s stock worth $237,000 after purchasing an additional 1,132 shares during the period. Betterment LLC increased its stake in US Treasury 3 Month Bill ETF by 4.2% during the 2nd quarter. Betterment LLC now owns 26,705 shares of the company’s stock valued at $1,335,000 after buying an additional 1,072 shares during the period. Captrust Financial Advisors raised its position in shares of US Treasury 3 Month Bill ETF by 4,270.3% during the 2nd quarter. Captrust Financial Advisors now owns 187,924 shares of the company’s stock worth $9,395,000 after buying an additional 183,624 shares in the last quarter. Claris Financial LLC raised its position in shares of US Treasury 3 Month Bill ETF by 42.1% during the 2nd quarter. Claris Financial LLC now owns 45,070 shares of the company’s stock worth $2,253,000 after buying an additional 13,350 shares in the last quarter. Finally, Fiduciary Alliance LLC lifted its stake in shares of US Treasury 3 Month Bill ETF by 58.6% in the 3rd quarter. Fiduciary Alliance LLC now owns 128,123 shares of the company’s stock worth $6,406,000 after acquiring an additional 47,323 shares during the period.

US Treasury 3 Month Bill ETF Stock Up 0.1%

Shares of NASDAQ:TBIL opened at $50.00 on Friday. The company has a 50 day moving average of $49.93 and a 200-day moving average of $49.94. US Treasury 3 Month Bill ETF has a twelve month low of $49.81 and a twelve month high of $50.02.

US Treasury 3 Month Bill ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a $0.1501 dividend. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Thursday, February 26th.

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.