US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Trading 0% Higher – Here’s Why

Shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL) rose 0% on Tuesday . The stock traded as high as $50.14 and last traded at $50.14. Approximately 54,029 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 117,799 shares. The stock had previously closed at $50.12.

US Treasury 6 Month Bill ETF Stock Up 0.0%

The stock has a fifty day moving average price of $50.08 and a 200-day moving average price of $50.09.

US Treasury 6 Month Bill ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 28th were given a $0.1587 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Tuesday, July 28th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Harbor Investment Advisory LLC lifted its holdings in shares of US Treasury 6 Month Bill ETF by 17.5% during the second quarter. Harbor Investment Advisory LLC now owns 35,305 shares of the company’s stock valued at $1,765,000 after acquiring an additional 5,248 shares during the period. NewEdge Advisors LLC grew its holdings in shares of US Treasury 6 Month Bill ETF by 1,522.9% in the 1st quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after purchasing an additional 5,056 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. grew its holdings 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 purchasing an additional 7,295 shares during the last quarter. Ibex Wealth Advisors acquired a new stake in shares of US Treasury 6 Month Bill ETF during the 1st quarter worth about $504,000. Finally, Integrated Wealth Concepts LLC increased its position 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 in 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.