US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) shares passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $50.09 and traded as low as $49.95. US Treasury 6 Month Bill ETF shares last traded at $49.96, with a volume of 76,212 shares changing hands.

US Treasury 6 Month Bill ETF Trading Down 0.3%

The business has a fifty day moving average price of $50.06 and a 200 day moving average price of $50.09.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its position in US Treasury 6 Month Bill ETF by 1,522.9% in the first quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock worth $270,000 after purchasing an additional 5,056 shares during the period. Ibex Wealth Advisors acquired a new position in shares of US Treasury 6 Month Bill ETF during the 1st quarter valued at $504,000. Marshall & Sterling Wealth Advisors Inc. increased its position in shares of US Treasury 6 Month Bill ETF by 52.5% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after purchasing an additional 7,295 shares during the period. Harbor Investment Advisory LLC increased its position 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 valued at $1,504,000 after purchasing an additional 2,125 shares during the period. Finally, Alpine Bank Wealth Management increased its position in shares of US Treasury 6 Month Bill ETF by 10.6% during the 3rd quarter. Alpine Bank Wealth Management now owns 163,512 shares of the company’s stock valued at $8,172,000 after purchasing an additional 15,642 shares during the period.

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.