US Treasury 3 Month Bill ETF Declares Dividend of $0.22 (NASDAQ:TBIL)

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) announced a dividend on Thursday, March 28th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be given a dividend of 0.2186 per share on Wednesday, April 3rd. The ex-dividend date of this dividend is Monday, April 1st.

US Treasury 3 Month Bill ETF Trading Down 0.0 %

NASDAQ:TBIL traded down $0.01 during mid-day trading on Friday, hitting $50.03. 1,276,226 shares of the company’s stock were exchanged, compared to its average volume of 900,590. US Treasury 3 Month Bill ETF has a one year low of $49.82 and a one year high of $50.10. The business has a fifty day moving average price of $49.96 and a 200 day moving average price of $49.96.

Institutional Investors Weigh In On US Treasury 3 Month Bill ETF

Hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. purchased a new stake in US Treasury 3 Month Bill ETF during the 4th quarter valued at $121,000. Formidable Asset Management LLC lifted its stake in US Treasury 3 Month Bill ETF by 136.8% during the 2nd quarter. Formidable Asset Management LLC now owns 9,470 shares of the company’s stock valued at $474,000 after acquiring an additional 5,470 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of US Treasury 3 Month Bill ETF in the fourth quarter worth approximately $2,345,000.

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.