Verity Asset Management Inc. Takes Position in US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Verity Asset Management Inc. bought a new position in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,955 shares of the company’s stock, valued at approximately $248,000.

Separately, Transcendent Capital Group LLC acquired a new stake in shares of US Treasury 3 Month Bill ETF during the 4th quarter worth $625,000.

US Treasury 3 Month Bill ETF Price Performance

Shares of NASDAQ:TBIL traded up $0.02 during midday trading on Friday, hitting $49.85. The stock had a trading volume of 2,168,512 shares, compared to its average volume of 1,010,810. The company’s 50-day moving average price is $49.93 and its 200-day moving average price is $49.94. US Treasury 3 Month Bill ETF has a fifty-two week low of $49.81 and a fifty-two week high of $50.10.

US Treasury 3 Month Bill ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 2nd. Investors of record on Thursday, August 1st were given a dividend of $0.2176 per share. The ex-dividend date was Thursday, August 1st. This represents a $2.61 annualized dividend and a dividend yield of 5.24%.

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.