Longview Financial Advisors Inc. Trims Position in US Treasury 3 Month Bill ETF $TBIL

Longview Financial Advisors Inc. lowered its stake in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 48.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 19,032 shares of the company’s stock after selling 17,930 shares during the period. US Treasury 3 Month Bill ETF makes up approximately 0.5% of Longview Financial Advisors Inc.’s portfolio, making the stock its 26th biggest holding. Longview Financial Advisors Inc.’s holdings in US Treasury 3 Month Bill ETF were worth $949,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ibex Wealth Advisors grew its position in US Treasury 3 Month Bill ETF by 11.3% during the 4th quarter. Ibex Wealth Advisors now owns 326,600 shares of the company’s stock worth $16,291,000 after acquiring an additional 33,279 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of US Treasury 3 Month Bill ETF by 13.2% during the first quarter. Parallel Advisors LLC now owns 65,227 shares of the company’s stock valued at $3,252,000 after purchasing an additional 7,593 shares during the period. Ruggiero Investments Inc. purchased a new stake in shares of US Treasury 3 Month Bill ETF during the fourth quarter valued at approximately $1,899,000. Strategic Investment Solutions Inc. IL grew its holdings in shares of US Treasury 3 Month Bill ETF by 17.5% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 24,781 shares of the company’s stock worth $1,236,000 after purchasing an additional 3,684 shares during the last quarter. Finally, Principia Wealth Advisory LLC increased its stake 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.

US Treasury 3 Month Bill ETF Trading Up 0.0%

NASDAQ:TBIL opened at $49.90 on Friday. The company has a fifty day moving average of $49.92 and a 200 day moving average of $49.92. US Treasury 3 Month Bill ETF has a 52 week low of $49.82 and a 52 week high of $50.02.

US Treasury 3 Month Bill ETF 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. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.