US Treasury 6 Month Bill ETF $XBIL Shares Sold by Copia Wealth Management

Copia Wealth Management trimmed its holdings in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) by 3.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,232 shares of the company’s stock after selling 3,054 shares during the period. US Treasury 6 Month Bill ETF accounts for 3.8% of Copia Wealth Management’s holdings, making the stock its 4th largest position. Copia Wealth Management owned 0.57% of US Treasury 6 Month Bill ETF worth $4,525,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XBIL. Alpine Bank Wealth Management acquired a new stake in shares of US Treasury 6 Month Bill ETF in the first quarter valued at approximately $4,316,000. Integrated Wealth Concepts LLC raised its position in shares of US Treasury 6 Month Bill ETF by 26.4% in the first quarter. Integrated Wealth Concepts LLC now owns 105,305 shares of the company’s stock valued at $5,283,000 after buying an additional 22,007 shares in the last quarter. 49 Wealth Management LLC raised its position in shares of US Treasury 6 Month Bill ETF by 0.8% in the first quarter. 49 Wealth Management LLC now owns 279,387 shares of the company’s stock valued at $14,017,000 after buying an additional 2,206 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. acquired a new stake in shares of US Treasury 6 Month Bill ETF in the first quarter valued at approximately $31,000.

US Treasury 6 Month Bill ETF Trading Up 0.0%

NASDAQ XBIL opened at $50.11 on Wednesday. US Treasury 6 Month Bill ETF has a 1-year low of $49.90 and a 1-year high of $50.21. The company has a 50 day moving average of $50.11 and a 200-day moving average of $50.09.

US Treasury 6 Month Bill ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 2nd. Investors of record on Wednesday, October 1st were paid a $0.1589 dividend. The ex-dividend date of this dividend was Wednesday, October 1st.

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.