Moloney Securities Asset Management LLC Grows Stake in US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Moloney Securities Asset Management LLC increased its position in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 14.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 268,417 shares of the company’s stock after buying an additional 34,325 shares during the quarter. US Treasury 3 Month Bill ETF comprises about 1.8% of Moloney Securities Asset Management LLC’s portfolio, making the stock its 6th biggest position. Moloney Securities Asset Management LLC’s holdings in US Treasury 3 Month Bill ETF were worth $13,432,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TBIL. SouthState Corp purchased a new stake in US Treasury 3 Month Bill ETF in the second quarter worth $35,000. EverSource Wealth Advisors LLC purchased a new stake in US Treasury 3 Month Bill ETF during the 1st quarter valued at about $53,000. Creative Financial Designs Inc. ADV increased its position in shares of US Treasury 3 Month Bill ETF by 102.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,472 shares of the company’s stock valued at $74,000 after acquiring an additional 745 shares during the period. Valeo Financial Advisors LLC bought a new stake in US Treasury 3 Month Bill ETF in the second quarter valued at $230,000. Finally, Verity Asset Management Inc. purchased a new stake in US Treasury 3 Month Bill ETF in the first quarter worth about $248,000.

US Treasury 3 Month Bill ETF Price Performance

Shares of NASDAQ TBIL opened at $49.87 on Tuesday. The firm has a 50-day moving average of $49.94 and a 200 day moving average of $49.94. US Treasury 3 Month Bill ETF has a 1 year low of $49.81 and a 1 year high of $50.08.

US Treasury 3 Month Bill ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a dividend of $0.1874 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.25 annualized dividend and a dividend yield of 4.51%.

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.