Ibex Wealth Advisors Has $13 Million Holdings in US Treasury 3 Month Bill ETF $TBIL

Ibex Wealth Advisors increased its stake in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 13.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 260,015 shares of the company’s stock after acquiring an additional 30,173 shares during the quarter. US Treasury 3 Month Bill ETF makes up about 1.4% of Ibex Wealth Advisors’ portfolio, making the stock its 16th largest position. Ibex Wealth Advisors’ holdings in US Treasury 3 Month Bill ETF were worth $12,999,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV grew its stake in US Treasury 3 Month Bill ETF by 15.9% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,248 shares of the company’s stock valued at $112,000 after acquiring an additional 308 shares during the period. S.A. Mason LLC acquired a new position in shares of US Treasury 3 Month Bill ETF during the second quarter worth approximately $115,000. Arkadios Wealth Advisors bought a new position in shares of US Treasury 3 Month Bill ETF in the 2nd quarter worth $236,000. GoalVest Advisory LLC grew its position in US Treasury 3 Month Bill ETF by 408.1% in the 2nd quarter. GoalVest Advisory LLC now owns 6,661 shares of the company’s stock valued at $333,000 after purchasing an additional 5,350 shares during the period. Finally, Wedbush Securities Inc. acquired a new stake in US Treasury 3 Month Bill ETF in the 2nd quarter valued at $346,000.

US Treasury 3 Month Bill ETF Stock Performance

Shares of TBIL stock opened at $49.90 on Monday. The firm has a fifty day simple moving average of $49.93 and a two-hundred day simple moving average of $49.92. US Treasury 3 Month Bill ETF has a 12 month low of $49.81 and a 12 month high of $50.04.

US Treasury 3 Month Bill ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 4th. Stockholders of record on Monday, November 3rd were given a dividend of $0.1558 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 3.7%.

US Treasury 3 Month Bill ETF Company Profile

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.