Kingswood Wealth Advisors LLC Buys 5,543 Shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Kingswood Wealth Advisors LLC grew its holdings in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 117.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,243 shares of the company’s stock after purchasing an additional 5,543 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in US Treasury 3 Month Bill ETF were worth $511,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TBIL. Janney Montgomery Scott LLC boosted its position in US Treasury 3 Month Bill ETF by 70.4% during the third quarter. Janney Montgomery Scott LLC now owns 566,420 shares of the company’s stock worth $28,361,000 after purchasing an additional 234,096 shares during the period. F M Investments LLC boosted its position in US Treasury 3 Month Bill ETF by 310.3% during the third quarter. F M Investments LLC now owns 137,154 shares of the company’s stock worth $6,867,000 after purchasing an additional 103,727 shares during the period. Flow Traders U.S. LLC bought a new position in US Treasury 3 Month Bill ETF during the fourth quarter worth about $2,345,000. Wayfinding Financial LLC purchased a new stake in shares of US Treasury 3 Month Bill ETF in the third quarter worth about $1,821,000. Finally, Formidable Asset Management LLC lifted its holdings in shares of US Treasury 3 Month Bill ETF by 159.0% in the third quarter. Formidable Asset Management LLC now owns 24,530 shares of the company’s stock worth $1,228,000 after buying an additional 15,060 shares in the last quarter.

US Treasury 3 Month Bill ETF Price Performance

Shares of US Treasury 3 Month Bill ETF stock opened at $50.04 on Thursday. US Treasury 3 Month Bill ETF has a 12-month low of $49.82 and a 12-month high of $50.10. The company’s 50-day moving average price is $49.96 and its 200-day moving average price is $49.96.

US Treasury 3 Month Bill ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Monday, March 4th were issued a $0.2193 dividend. This represents a $2.63 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date was Friday, March 1st.

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.