US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Strong Trading Volume

Shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw strong trading volume on Monday . 640,288 shares were traded during trading, an increase of 402% from the previous session’s volume of 127,540 shares.The stock last traded at $50.06 and had previously closed at $50.05.

US Treasury 6 Month Bill ETF Stock Up 0.0 %

The firm’s fifty day moving average is $49.99 and its 200-day moving average is $50.01.

US Treasury 6 Month Bill ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Monday, July 1st were given a $0.2186 dividend. This represents a $2.62 annualized dividend and a dividend yield of 5.24%. The ex-dividend date of this dividend was Monday, July 1st.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

Several institutional investors have recently added to or reduced their stakes in XBIL. Trivant Custom Portfolio Group LLC grew its position in shares of US Treasury 6 Month Bill ETF by 178.9% during the 1st quarter. Trivant Custom Portfolio Group LLC now owns 502 shares of the company’s stock worth $25,000 after buying an additional 322 shares during the period. Private Trust Co. NA grew its holdings in US Treasury 6 Month Bill ETF by 200.0% in the fourth quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $45,000 after purchasing an additional 600 shares during the period. Eldridge Investment Advisors Inc. bought a new stake in US Treasury 6 Month Bill ETF in the fourth quarter valued at $652,000. Flow Traders U.S. LLC raised its holdings in shares of US Treasury 6 Month Bill ETF by 72.6% during the first quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock valued at $3,214,000 after purchasing an additional 26,976 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in shares of US Treasury 6 Month Bill ETF by 1,533.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 148,131 shares of the company’s stock worth $7,402,000 after purchasing an additional 139,063 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.