US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Increases Dividend to $0.16 Per Share

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) declared a dividend on Monday, July 27th, NASDAQ Dividends reports. Investors of record on Tuesday, July 28th will be given a dividend of 0.1648 per share on Wednesday, July 29th. The ex-dividend date of this dividend is Tuesday, July 28th. This is a 6.4% increase from US Treasury 12 Month Bill ETF’s previous dividend of $0.15.

US Treasury 12 Month Bill ETF Stock Down 0.3%

NASDAQ:OBIL traded down $0.14 during mid-day trading on Tuesday, reaching $49.94. The company’s stock had a trading volume of 12,456 shares, compared to its average volume of 44,438. The company’s fifty day simple moving average is $50.07 and its two-hundred day simple moving average is $50.14. US Treasury 12 Month Bill ETF has a twelve month low of $49.92 and a twelve month high of $50.33.

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.