Nations Financial Group Inc. IA ADV Invests $3.53 Million in US Treasury 12 Month Bill ETF (NASDAQ:OBIL)

Nations Financial Group Inc. IA ADV purchased a new stake in shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL) in the 3rd quarter, Holdings Channel reports. The fund purchased 70,124 shares of the company’s stock, valued at approximately $3,525,000.

US Treasury 12 Month Bill ETF Stock Performance

OBIL remained flat at $50.01 on Monday. 1,636 shares of the company were exchanged, compared to its average volume of 41,326. US Treasury 12 Month Bill ETF has a twelve month low of $49.65 and a twelve month high of $50.31. The firm’s fifty day simple moving average is $50.12 and its two-hundred day simple moving average is $49.95.

US Treasury 12 Month Bill ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were paid a $0.1607 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.93 dividend on an annualized basis and a dividend yield of 3.86%.

US Treasury 12 Month Bill ETF Profile

The US Treasury 12 Month Bill ETF (OBIL) is an exchange-traded fund that is based on the ICE BofA US 1-Year Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 12-month US Treasury bill. The fund is designed for those specifically required to track the 12-month tenor on the yield curve OBIL was launched on Nov 15, 2022 and is managed by F/m Investments.