Ibex Wealth Advisors Has $14.67 Million Stock Position in US Treasury 3 Month Bill ETF $TBIL

Ibex Wealth Advisors raised its stake in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 12.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 293,321 shares of the company’s stock after acquiring an additional 33,306 shares during the period. US Treasury 3 Month Bill ETF comprises about 1.4% of Ibex Wealth Advisors’ investment portfolio, making the stock its 12th largest position. Ibex Wealth Advisors owned 0.24% of US Treasury 3 Month Bill ETF worth $14,666,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in US Treasury 3 Month Bill ETF by 75.1% during the third quarter. JPMorgan Chase & Co. now owns 265,113 shares of the company’s stock worth $13,256,000 after buying an additional 113,730 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of US Treasury 3 Month Bill ETF by 4,270.3% in the 2nd quarter. Captrust Financial Advisors now owns 187,924 shares of the company’s stock worth $9,395,000 after acquiring an additional 183,624 shares in the last quarter. Fiduciary Alliance LLC grew its position in US Treasury 3 Month Bill ETF by 58.6% during the 3rd quarter. Fiduciary Alliance LLC now owns 128,123 shares of the company’s stock worth $6,406,000 after acquiring an additional 47,323 shares during the last quarter. Farther Finance Advisors LLC grew its position in US Treasury 3 Month Bill ETF by 8.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 75,001 shares of the company’s stock worth $3,750,000 after acquiring an additional 5,915 shares during the last quarter. Finally, Claris Financial LLC increased its holdings in US Treasury 3 Month Bill ETF by 42.1% during the 2nd quarter. Claris Financial LLC now owns 45,070 shares of the company’s stock valued at $2,253,000 after purchasing an additional 13,350 shares in the last quarter.

US Treasury 3 Month Bill ETF Stock Performance

Shares of TBIL stock opened at $49.85 on Friday. US Treasury 3 Month Bill ETF has a 52 week low of $49.81 and a 52 week high of $50.02. The stock’s fifty day moving average is $49.94 and its 200-day moving average is $49.94.

US Treasury 3 Month Bill ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a $0.1501 dividend. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a yield of 3.6%.

About US Treasury 3 Month Bill ETF

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. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.