US Treasury 6 Month Bill ETF (NASDAQ:XBIL) to Issue Dividend of $0.15

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) declared a dividend on Wednesday, May 27th, NASDAQ Dividends reports. Shareholders of record on Thursday, May 28th will be given a dividend of 0.1473 per share on Friday, May 29th. The ex-dividend date of this dividend is Thursday, May 28th.

US Treasury 6 Month Bill ETF Price Performance

NASDAQ:XBIL opened at $50.15 on Thursday. The business’s 50-day moving average is $50.10 and its two-hundred day moving average is $50.11. US Treasury 6 Month Bill ETF has a 12 month low of $49.98 and a 12 month high of $50.22.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in XBIL. Ibex Wealth Advisors purchased a new position in US Treasury 6 Month Bill ETF in the first quarter valued at about $504,000. Marshall & Sterling Wealth Advisors Inc. grew its stake in US Treasury 6 Month Bill ETF by 52.5% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock worth $1,060,000 after purchasing an additional 7,295 shares in the last quarter. Harbor Investment Advisory LLC grew its stake in US Treasury 6 Month Bill ETF by 86.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 27,932 shares of the company’s stock worth $1,399,000 after purchasing an additional 12,911 shares in the last quarter. Alpine Bank Wealth Management grew its stake in US Treasury 6 Month Bill ETF by 133.5% in the fourth quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock worth $4,660,000 after purchasing an additional 53,215 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in US Treasury 6 Month Bill ETF by 8.6% in the third quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock worth $6,253,000 after purchasing an additional 9,831 shares in 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. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.