US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Trading Down 0.1% – Time to Sell?

US Treasury 12 Month Bill ETF (NASDAQ:OBIL)’s share price fell 0.1% on Thursday . The company traded as low as $50.11 and last traded at $50.13. 48,682 shares were traded during mid-day trading, a decline of 0% from the average session volume of 48,819 shares. The stock had previously closed at $50.17.

US Treasury 12 Month Bill ETF Price Performance

The stock’s fifty day moving average is $50.21 and its 200 day moving average is $50.22.

US Treasury 12 Month Bill ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were issued a $0.145 dividend. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

Institutional Trading of US Treasury 12 Month Bill ETF

Several hedge funds and other institutional investors have recently bought and sold shares of OBIL. Alpine Bank Wealth Management lifted its position in US Treasury 12 Month Bill ETF by 43.6% in the third quarter. Alpine Bank Wealth Management now owns 69,540 shares of the company’s stock worth $3,498,000 after buying an additional 21,124 shares during the last quarter. Flow Traders U.S. LLC increased its position in US Treasury 12 Month Bill ETF by 2,385.1% during the second quarter. Flow Traders U.S. LLC now owns 105,367 shares of the company’s stock valued at $5,289,000 after acquiring an additional 101,127 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in US Treasury 12 Month Bill ETF by 69.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 135,734 shares of the company’s stock valued at $6,828,000 after acquiring an additional 55,628 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of US Treasury 12 Month Bill ETF by 6,810.5% in the fourth quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock valued at $694,000 after acquiring an additional 13,621 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. lifted its holdings in shares of US Treasury 12 Month Bill ETF by 8.8% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 15,508 shares of the company’s stock worth $780,000 after acquiring an additional 1,250 shares during the last quarter.

US Treasury 12 Month Bill ETF Company Profile

The US Treasury 12 Month Bill ETF (OBIL) is an exchange-traded fund that is based on the ICE BofA US 1-Year Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 12-month US Treasury bill. The fund is designed for those specifically required to track the 12-month tenor on the yield curve OBIL was launched on Nov 15, 2022 and is managed by F/m Investments.