US Treasury 3 Month Bill ETF (TBIL) to Distribute Monthly Dividend of $0.15 on July 29th

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) announced a monthly dividend on Monday, July 27th, NASDAQ Dividends reports. Investors of record on Tuesday, July 28th will be given a dividend of 0.15 per share on Wednesday, July 29th. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, July 28th.

US Treasury 3 Month Bill ETF Trading Down 0.3%

NASDAQ TBIL opened at $49.85 on Wednesday. US Treasury 3 Month Bill ETF has a one year low of $49.83 and a one year high of $50.02. The stock has a 50-day moving average of $49.93 and a 200 day moving average of $49.93.

Institutional Trading of US Treasury 3 Month Bill ETF

A number of large investors have recently made changes to their positions in the stock. Vermillion & White Wealth Management Group LLC grew its position in US Treasury 3 Month Bill ETF by 16.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 4,607 shares of the company’s stock worth $231,000 after purchasing an additional 646 shares during the period. Roxbury Financial LLC boosted its position in shares of US Treasury 3 Month Bill ETF by 16.9% in the first quarter. Roxbury Financial LLC now owns 5,267 shares of the company’s stock worth $263,000 after purchasing an additional 761 shares during the period. Tidemark LLC raised its position in shares of US Treasury 3 Month Bill ETF by 5.4% during the 4th quarter. Tidemark LLC now owns 15,237 shares of the company’s stock valued at $760,000 after purchasing an additional 774 shares during the period. Westside Investment Management Inc. lifted its stake in shares of US Treasury 3 Month Bill ETF by 21.1% during the 4th quarter. Westside Investment Management Inc. now owns 5,750 shares of the company’s stock valued at $287,000 after buying an additional 1,000 shares in the last quarter. Finally, Betterment LLC boosted its holdings in US Treasury 3 Month Bill ETF by 4.2% in the 2nd quarter. Betterment LLC now owns 26,705 shares of the company’s stock worth $1,335,000 after buying an additional 1,072 shares during the period.

About US Treasury 3 Month Bill ETF

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.