US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Position Trimmed by Transcendent Capital Group LLC

Transcendent Capital Group LLC trimmed its position in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 31.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,211 shares of the company’s stock after selling 21,184 shares during the quarter. US Treasury 3 Month Bill ETF makes up about 1.3% of Transcendent Capital Group LLC’s investment portfolio, making the stock its 27th largest holding. Transcendent Capital Group LLC’s holdings in US Treasury 3 Month Bill ETF were worth $2,261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Moloney Securities Asset Management LLC grew its holdings in shares of US Treasury 3 Month Bill ETF by 224.8% during the first quarter. Moloney Securities Asset Management LLC now owns 980,355 shares of the company’s stock worth $49,028,000 after purchasing an additional 678,520 shares during the last quarter. 49 Wealth Management LLC lifted its holdings in US Treasury 3 Month Bill ETF by 96.1% during the 4th quarter. 49 Wealth Management LLC now owns 284,284 shares of the company’s stock worth $14,174,000 after purchasing an additional 139,348 shares during the last quarter. Copia Wealth Management acquired a new position in US Treasury 3 Month Bill ETF in the 4th quarter valued at $6,395,000. Fiduciary Alliance LLC raised its holdings in shares of US Treasury 3 Month Bill ETF by 549.5% during the 1st quarter. Fiduciary Alliance LLC now owns 85,400 shares of the company’s stock worth $4,271,000 after buying an additional 72,252 shares in the last quarter. Finally, Alpine Bank Wealth Management bought a new stake in shares of US Treasury 3 Month Bill ETF in the 1st quarter valued at about $3,284,000.

US Treasury 3 Month Bill ETF Stock Up 0.0%

TBIL stock opened at $49.88 on Monday. US Treasury 3 Month Bill ETF has a fifty-two week low of $49.81 and a fifty-two week high of $50.05. The stock’s 50 day simple moving average is $49.91 and its 200 day simple moving average is $49.92.

US Treasury 3 Month Bill ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 2nd. Shareholders of record on Tuesday, July 1st were paid a $0.1881 dividend. This is a positive change from US Treasury 3 Month Bill ETF’s previous dividend of $0.18. The ex-dividend date was Tuesday, July 1st.

US Treasury 3 Month Bill ETF 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.