US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Unusually-High Trading Volume – What’s Next?

Shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL) saw an uptick in trading volume on Wednesday . 248,547 shares changed hands during mid-day trading, an increase of 59% from the previous session’s volume of 156,517 shares.The stock last traded at $50.13 and had previously closed at $50.12.

US Treasury 6 Month Bill ETF Trading Up 0.0%

The business has a 50-day simple moving average of $50.13 and a 200-day simple moving average of $50.10.

US Treasury 6 Month Bill ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, November 4th. Stockholders of record on Monday, November 3rd were given a dividend of $0.1536 per share. The ex-dividend date was Monday, November 3rd.

Institutional Trading of US Treasury 6 Month Bill ETF

Several hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its position in US Treasury 6 Month Bill ETF by 26.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 105,305 shares of the company’s stock valued at $5,283,000 after buying an additional 22,007 shares during the last quarter. Harbor Investment Advisory LLC acquired a new stake in shares of US Treasury 6 Month Bill ETF during the 3rd quarter worth approximately $754,000. Finally, Alpine Bank Wealth Management raised its position in shares of US Treasury 6 Month Bill ETF by 110.8% during the 3rd quarter. Alpine Bank Wealth Management now owns 39,850 shares of the company’s stock valued at $2,000,000 after acquiring an additional 20,945 shares during the last quarter.

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.