Shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL – Get Free Report) saw unusually-strong trading volume on Thursday. 146,272 shares were traded during mid-day trading, an increase of 26% from the previous session’s volume of 116,532 shares. The stock last traded at $49.9850 and had previously closed at $49.98.
US Treasury 6 Month Bill ETF Price Performance
The company’s 50 day simple moving average is $50.07 and its 200 day simple moving average is $50.08.
Institutional Trading of US Treasury 6 Month Bill ETF
A number of institutional investors and hedge funds have recently modified their holdings of XBIL. Harbor Investment Advisory LLC boosted its position in US Treasury 6 Month Bill ETF by 17.5% in the second quarter. Harbor Investment Advisory LLC now owns 35,305 shares of the company’s stock worth $1,765,000 after purchasing an additional 5,248 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. increased its position in shares of US Treasury 6 Month Bill ETF by 52.5% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after purchasing an additional 7,295 shares during the last quarter. Ibex Wealth Advisors purchased a new stake in shares of US Treasury 6 Month Bill ETF during the 1st quarter valued at $504,000. Finally, NewEdge Advisors LLC raised its stake in shares of US Treasury 6 Month Bill ETF by 1,522.9% during the 1st quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after purchasing an additional 5,056 shares during the period.
US Treasury 6 Month Bill ETF Company Profile
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.
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