US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Trading Up 0% – Here’s Why

US Treasury 6 Month Bill ETF (NASDAQ:XBIL)’s share price was up 0% on Friday . The stock traded as high as $50.15 and last traded at $50.13. Approximately 108,562 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 141,443 shares. The stock had previously closed at $50.12.

US Treasury 6 Month Bill ETF Stock Up 0.0 %

The firm’s fifty day moving average is $50.11 and its two-hundred day moving average is $50.09.

US Treasury 6 Month Bill ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were issued a $0.1745 dividend. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of XBIL. 49 Wealth Management LLC boosted its holdings in US Treasury 6 Month Bill ETF by 46.9% in the 4th quarter. 49 Wealth Management LLC now owns 277,181 shares of the company’s stock worth $13,869,000 after buying an additional 88,509 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of US Treasury 6 Month Bill ETF by 82.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock valued at $4,438,000 after purchasing an additional 40,123 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of US Treasury 6 Month Bill ETF during the 4th quarter valued at about $1,135,000. Finally, GoalVest Advisory LLC bought a new position in shares of US Treasury 6 Month Bill ETF during the 3rd quarter valued at about $828,000.

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.