Kingswood Wealth Advisors LLC Buys 1,285 Shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Kingswood Wealth Advisors LLC grew its position in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 13.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,810 shares of the company’s stock after buying an additional 1,285 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in US Treasury 3 Month Bill ETF were worth $541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of TBIL. EverSource Wealth Advisors LLC purchased a new stake in US Treasury 3 Month Bill ETF during the first quarter valued at approximately $53,000. Transcendent Capital Group LLC purchased a new stake in shares of US Treasury 3 Month Bill ETF in the 4th quarter worth $625,000. Verity Asset Management Inc. purchased a new stake in shares of US Treasury 3 Month Bill ETF in the 1st quarter worth $248,000. Finally, Moloney Securities Asset Management LLC lifted its position in US Treasury 3 Month Bill ETF by 4.0% during the first quarter. Moloney Securities Asset Management LLC now owns 187,665 shares of the company’s stock valued at $9,389,000 after purchasing an additional 7,287 shares in the last quarter.

US Treasury 3 Month Bill ETF Stock Performance

NASDAQ:TBIL traded up $0.01 during mid-day trading on Wednesday, hitting $49.86. 1,470,568 shares of the company traded hands, compared to its average volume of 1,026,946. The stock’s fifty day moving average price is $49.92 and its 200-day moving average price is $49.94. US Treasury 3 Month Bill ETF has a one year low of $49.81 and a one year high of $50.10.

US Treasury 3 Month Bill ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 2nd. Investors of record on Thursday, August 1st were paid a dividend of $0.2176 per share. The ex-dividend date was Thursday, August 1st. This represents a $2.61 dividend on an annualized basis 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.