US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Announces $0.16 Monthly Dividend

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) declared a monthly dividend on Monday, July 27th, NASDAQ Dividends reports. Investors of record on Tuesday, July 28th will be given a dividend of 0.1587 per share on Wednesday, July 29th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, July 28th.

US Treasury 6 Month Bill ETF Trading Down 0.3%

XBIL traded down $0.14 on Tuesday, hitting $49.99. 78,295 shares of the stock were exchanged, compared to its average volume of 121,205. US Treasury 6 Month Bill ETF has a 12 month low of $49.98 and a 12 month high of $50.22. The business has a 50-day moving average of $50.08 and a two-hundred day moving average of $50.10.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Several hedge funds and other institutional investors have recently made changes to their positions in XBIL. NewEdge Advisors LLC boosted its position in shares of US Treasury 6 Month Bill ETF by 1,522.9% during the 1st quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after acquiring an additional 5,056 shares in the last quarter. Ibex Wealth Advisors acquired a new position in US Treasury 6 Month Bill ETF during the first quarter valued at approximately $504,000. Marshall & Sterling Wealth Advisors Inc. raised its position in US Treasury 6 Month Bill ETF by 52.5% during the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after purchasing an additional 7,295 shares in the last quarter. Harbor Investment Advisory LLC lifted its stake in US Treasury 6 Month Bill ETF by 7.6% during the first quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock worth $1,504,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Alpine Bank Wealth Management lifted its stake in US Treasury 6 Month Bill ETF by 133.5% during the fourth quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock worth $4,660,000 after purchasing an additional 53,215 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.