US Treasury 3 Month Bill ETF $TBIL Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 75.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 265,113 shares of the company’s stock after purchasing an additional 113,730 shares during the period. JPMorgan Chase & Co. owned about 0.21% of US Treasury 3 Month Bill ETF worth $13,256,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Argus Investors Counsel Inc. boosted its holdings in shares of US Treasury 3 Month Bill ETF by 11.4% in the 3rd quarter. Argus Investors Counsel Inc. now owns 4,748 shares of the company’s stock valued at $237,000 after buying an additional 485 shares during the period. Harbor Investment Advisory LLC acquired a new stake in US Treasury 3 Month Bill ETF during the third quarter worth about $30,000. Tidemark LLC raised its stake in US Treasury 3 Month Bill ETF by 5.1% during the third quarter. Tidemark LLC now owns 14,463 shares of the company’s stock worth $723,000 after acquiring an additional 705 shares during the period. Betterment LLC lifted its holdings in US Treasury 3 Month Bill ETF by 4.2% in the second quarter. Betterment LLC now owns 26,705 shares of the company’s stock worth $1,335,000 after acquiring an additional 1,072 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in US Treasury 3 Month Bill ETF by 31.3% in the second quarter. EverSource Wealth Advisors LLC now owns 4,748 shares of the company’s stock valued at $237,000 after acquiring an additional 1,132 shares during the period.

US Treasury 3 Month Bill ETF Stock Up 0.1%

NASDAQ:TBIL opened at $50.00 on Friday. The stock has a 50 day moving average of $49.93 and a 200-day moving average of $49.94. US Treasury 3 Month Bill ETF has a 52 week low of $49.81 and a 52 week high of $50.02.

US Treasury 3 Month Bill ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a dividend of $0.1501 per share. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.6%.

US Treasury 3 Month Bill ETF Company 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. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.