US Treasury 12 Month Bill ETF (NASDAQ:OBIL) to Issue Monthly Dividend of $0.16

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) announced a monthly dividend on Wednesday, August 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, August 27th will be given a dividend of 0.1617 per share on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, August 27th.

US Treasury 12 Month Bill ETF Trading Down 0.3%

Shares of OBIL traded down $0.15 during trading hours on Thursday, reaching $49.98. 79,017 shares of the company traded hands, compared to its average volume of 43,406. The company’s fifty day moving average price is $50.06 and its two-hundred day moving average price is $50.11. US Treasury 12 Month Bill ETF has a 12 month low of $49.91 and a 12 month high of $50.33.

About US Treasury 12 Month Bill ETF

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.