US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL – Get Free Report) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $50.09 and traded as low as $49.95. US Treasury 6 Month Bill ETF shares last traded at $49.96, with a volume of 76,212 shares trading hands.

US Treasury 6 Month Bill ETF Trading Down 0.3%

The business has a fifty day moving average of $50.06 and a 200-day moving average of $50.09.

Institutional Trading of US Treasury 6 Month Bill ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Alpine Bank Wealth Management lifted its stake in US Treasury 6 Month Bill ETF by 10.6% during the third quarter. Alpine Bank Wealth Management now owns 163,512 shares of the company’s stock valued at $8,172,000 after purchasing an additional 15,642 shares during the last quarter. Harbor Investment Advisory LLC grew 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 buying an additional 5,248 shares during the last quarter. NewEdge Advisors LLC grew its position in US Treasury 6 Month Bill ETF by 1,522.9% in the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after buying an additional 5,056 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. increased its holdings in shares of 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 valued at $1,060,000 after buying an additional 7,295 shares in the last quarter. Finally, Ibex Wealth Advisors bought a new position in shares of US Treasury 6 Month Bill ETF in the first quarter valued at $504,000.

US Treasury 6 Month Bill ETF Company Profile

(Get Free Report)

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.

Further Reading

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