US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Get Free Report) shares passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $49.93 and traded as high as $49.98. US Treasury 12 Month Bill ETF shares last traded at $49.97, with a volume of 54,315 shares changing hands.
US Treasury 12 Month Bill ETF Stock Up 0.1%
The company’s 50 day moving average price is $49.93 and its 200 day moving average price is $50.07.
Institutional Investors Weigh In On US Treasury 12 Month Bill ETF
An institutional investor recently raised its stake in US Treasury 12 Month Bill ETF stock. Alpine Bank Wealth Management raised its holdings in US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Free Report) by 15.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,971 shares of the company’s stock after purchasing an additional 12,042 shares during the quarter. Alpine Bank Wealth Management owned 1.34% of US Treasury 12 Month Bill ETF worth $4,381,000 as of its most recent filing with the Securities and Exchange Commission.
About US Treasury 12 Month Bill ETF
The US Treasury 12 Month Bill ETF (OBIL) is an exchange-traded fund that is based on the ICE BofA US 1-Year Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 12-month US Treasury bill. The fund is designed for those specifically required to track the 12-month tenor on the yield curve OBIL was launched on Nov 15, 2022 and is managed by F/m Investments.
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