US Treasury 3 Month Bill ETF $TBIL Shares Sold by Transcendent Capital Group LLC

Transcendent Capital Group LLC trimmed its stake in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 48.8% in the second quarter, Holdings Channel.com reports. The fund owned 23,160 shares of the company’s stock after selling 22,051 shares during the period. Transcendent Capital Group LLC’s holdings in US Treasury 3 Month Bill ETF were worth $1,158,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its position in shares of US Treasury 3 Month Bill ETF by 16.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 69,086 shares of the company’s stock valued at $3,454,000 after acquiring an additional 9,744 shares during the period. Westside Investment Management Inc. increased its stake in shares of US Treasury 3 Month Bill ETF by 18.8% during the 1st quarter. Westside Investment Management Inc. now owns 5,700 shares of the company’s stock worth $285,000 after purchasing an additional 900 shares in the last quarter. AdvisorNet Financial Inc increased its stake in shares of US Treasury 3 Month Bill ETF by 72.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 104,610 shares of the company’s stock worth $5,230,000 after purchasing an additional 44,034 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of US Treasury 3 Month Bill ETF by 10.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 448,958 shares of the company’s stock worth $22,452,000 after purchasing an additional 42,621 shares in the last quarter. Finally, Inlight Wealth Management LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 1st quarter worth approximately $29,000.

US Treasury 3 Month Bill ETF Price Performance

Shares of TBIL opened at $49.92 on Friday. The firm has a 50 day simple moving average of $49.92 and a 200-day simple moving average of $49.92. US Treasury 3 Month Bill ETF has a 1-year low of $49.81 and a 1-year high of $50.04.

US Treasury 3 Month Bill ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.1639 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.