Nations Financial Group Inc. IA ADV Boosts Holdings in US Treasury 12 Month Bill ETF $OBIL

Nations Financial Group Inc. IA ADV grew its position in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) by 69.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,734 shares of the company’s stock after acquiring an additional 55,628 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in US Treasury 12 Month Bill ETF were worth $6,828,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Crews Bank & Trust boosted its stake in shares of US Treasury 12 Month Bill ETF by 11.5% during the 3rd quarter. Crews Bank & Trust now owns 5,800 shares of the company’s stock worth $292,000 after purchasing an additional 600 shares during the period. Alpine Bank Wealth Management lifted its stake in US Treasury 12 Month Bill ETF by 43.6% in the third quarter. Alpine Bank Wealth Management now owns 69,540 shares of the company’s stock worth $3,498,000 after purchasing an additional 21,124 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its position in shares of US Treasury 12 Month Bill ETF by 2,385.1% during the second quarter. Flow Traders U.S. LLC now owns 105,367 shares of the company’s stock valued at $5,289,000 after buying an additional 101,127 shares during the period.

US Treasury 12 Month Bill ETF Price Performance

OBIL opened at $50.24 on Friday. The stock’s 50 day moving average price is $50.23 and its 200-day moving average price is $50.19. US Treasury 12 Month Bill ETF has a one year low of $49.97 and a one year high of $50.33.

US Treasury 12 Month Bill ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.1477 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. This is a positive change from US Treasury 12 Month Bill ETF’s previous monthly dividend of $0.15. The ex-dividend date was Tuesday, December 30th.

US Treasury 12 Month Bill ETF Company Profile

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.