US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Reaches New 1-Year Low – Time to Sell?

US Treasury 6 Month Bill ETF (NASDAQ:XBIL)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $49.98 and last traded at $49.99, with a volume of 8418 shares traded. The stock had previously closed at $50.13.

US Treasury 6 Month Bill ETF Stock Performance

The firm’s 50 day moving average price is $50.08 and its two-hundred day moving average price is $50.10.

US Treasury 6 Month Bill ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a dividend of $0.1479 per share. The ex-dividend date was Monday, June 29th. This is a boost from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

Institutional Trading of US Treasury 6 Month Bill ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC increased its stake in shares of US Treasury 6 Month Bill ETF by 7.6% during the 1st quarter. Harbor Investment Advisory LLC now owns 30,057 shares of the company’s stock worth $1,504,000 after purchasing an additional 2,125 shares during the last quarter. NewEdge Advisors LLC increased its position in US Treasury 6 Month Bill ETF by 1,522.9% during the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after buying an additional 5,056 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its stake in US Treasury 6 Month Bill ETF by 52.5% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after buying an additional 7,295 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of US Treasury 6 Month Bill ETF by 7.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock valued at $6,688,000 after buying an additional 9,003 shares during the last quarter. Finally, Ibex Wealth Advisors bought a new position in shares of US Treasury 6 Month Bill ETF during the 1st quarter worth approximately $504,000.

US Treasury 6 Month Bill ETF Company Profile

The US Treasury 6 Month Bill ETF (XBIL) is an exchange-traded fund that is based on the ICE BofA US 6-Month Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 6-month US Treasury Bill. The fund is designed for those specifically required to track the 6-month tenor on the yield curve. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.