US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Trading 0% Higher – Should You Buy?

US Treasury 6 Month Bill ETF (NASDAQ:XBIL)’s share price rose 0% during mid-day trading on Tuesday . The stock traded as high as $50.12 and last traded at $50.11. Approximately 99,531 shares traded hands during trading, a decline of 22% from the average daily volume of 127,748 shares. The stock had previously closed at $50.10.

US Treasury 6 Month Bill ETF Price Performance

The firm’s 50-day moving average price is $50.09 and its two-hundred day moving average price is $50.11.

US Treasury 6 Month Bill ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were paid a $0.1473 dividend. The ex-dividend date of this dividend was Thursday, May 28th.

Institutional Trading of US Treasury 6 Month Bill ETF

Hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC boosted its position in 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 valued at $270,000 after acquiring an additional 5,056 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its position in shares of US Treasury 6 Month Bill ETF by 52.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after acquiring an additional 7,295 shares in the last quarter. Ibex Wealth Advisors bought a new position in shares of US Treasury 6 Month Bill ETF in the 1st quarter worth $504,000. Harbor Investment Advisory LLC raised its position in shares of US Treasury 6 Month Bill ETF by 7.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock worth $1,504,000 after acquiring an additional 2,125 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in shares of US Treasury 6 Month Bill ETF by 7.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock worth $6,688,000 after purchasing an additional 9,003 shares during the last quarter.

About US Treasury 6 Month Bill ETF

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.