US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Hits New 12-Month Low at $49.82

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $49.82 and last traded at $49.83, with a volume of 325489 shares traded. The stock had previously closed at $50.02.

US Treasury 3 Month Bill ETF Trading Up 0.0 %

The firm’s fifty day moving average price is $49.94 and its 200-day moving average price is $49.96.

US Treasury 3 Month Bill ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, May 2nd will be issued a $0.2183 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $2.62 annualized dividend and a yield of 5.25%.

Institutional Trading of US Treasury 3 Month Bill ETF

Several institutional investors have recently modified their holdings of the company. Kingswood Wealth Advisors LLC bought a new position in US Treasury 3 Month Bill ETF in the third quarter worth $235,000. Your Advocates Ltd. LLP bought a new position in shares of US Treasury 3 Month Bill ETF during the 3rd quarter worth about $162,000. Wayfinding Financial LLC acquired a new stake in shares of US Treasury 3 Month Bill ETF during the 3rd quarter valued at about $1,821,000. F M Investments LLC increased its stake in US Treasury 3 Month Bill ETF by 310.3% in the third quarter. F M Investments LLC now owns 137,154 shares of the company’s stock valued at $6,867,000 after acquiring an additional 103,727 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in US Treasury 3 Month Bill ETF by 70.4% in the third quarter. Janney Montgomery Scott LLC now owns 566,420 shares of the company’s stock worth $28,361,000 after purchasing an additional 234,096 shares in the last quarter.

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.