US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Sets New 52-Week Low – Here’s What Happened

US Treasury 3 Month Bill ETF (NASDAQ:TBIL – Get Free Report)’s share price hit a new 52-week low on Monday. The stock traded as low as $49.83 and last traded at $49.83, with a volume of 48382 shares trading hands. The stock had previously closed at $49.98.

US Treasury 3 Month Bill ETF Stock Up 0.0%

The company’s 50 day moving average price is $49.92 and its 200-day moving average price is $49.92.

Institutional Investors Weigh In On US Treasury 3 Month Bill ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. HORAN Wealth LLC purchased a new position in US Treasury 3 Month Bill ETF in the 2nd quarter worth about $479,000. Principia Wealth Advisory LLC boosted its holdings in shares of US Treasury 3 Month Bill ETF by 28.6% in the second quarter. Principia Wealth Advisory LLC now owns 23,058 shares of the company’s stock worth $1,150,000 after buying an additional 5,126 shares during the period. Compass Financial Management LLC purchased a new position in shares of US Treasury 3 Month Bill ETF in the second quarter worth approximately $25,000. Capital Square LLC acquired a new stake in shares of US Treasury 3 Month Bill ETF during the second quarter valued at approximately $643,000. Finally, Roxbury Financial LLC raised its holdings in shares of US Treasury 3 Month Bill ETF by 33.5% during the second quarter. Roxbury Financial LLC now owns 7,030 shares of the company’s stock valued at $351,000 after acquiring an additional 1,763 shares during the period.

US Treasury 3 Month Bill ETF Company Profile

(Get Free Report)

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.

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