Copia Wealth Management Trims Stock Holdings in US Treasury 6 Month Bill ETF $XBIL

Copia Wealth Management decreased its stake in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) by 20.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 68,974 shares of the company’s stock after selling 17,541 shares during the period. US Treasury 6 Month Bill ETF comprises approximately 2.5% of Copia Wealth Management’s holdings, making the stock its 11th biggest position. Copia Wealth Management’s holdings in US Treasury 6 Month Bill ETF were worth $3,454,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Harbor Investment Advisory LLC grew its position in shares of US Treasury 6 Month Bill ETF by 86.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 27,932 shares of the company’s stock worth $1,399,000 after purchasing an additional 12,911 shares in the last quarter. Alpine Bank Wealth Management grew its position in shares of US Treasury 6 Month Bill ETF by 133.5% during the fourth quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock worth $4,660,000 after purchasing an additional 53,215 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of US Treasury 6 Month Bill ETF by 8.6% during the third quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock worth $6,253,000 after purchasing an additional 9,831 shares in the last quarter.

US Treasury 6 Month Bill ETF Trading Up 0.0%

NASDAQ:XBIL opened at $50.13 on Thursday. US Treasury 6 Month Bill ETF has a 12-month low of $49.98 and a 12-month high of $50.22. The stock has a 50-day moving average price of $50.10 and a 200 day moving average price of $50.11.

US Treasury 6 Month Bill ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 29th. Investors of record on Tuesday, April 28th were given a dividend of $0.1494 per share. This is an increase from US Treasury 6 Month Bill ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, April 28th.

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.