Copia Wealth Management Sells 11,937 Shares of US Treasury 3 Month Bill ETF $TBIL

Copia Wealth Management cut its holdings in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 10.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 105,623 shares of the company’s stock after selling 11,937 shares during the quarter. US Treasury 3 Month Bill ETF accounts for about 3.8% of Copia Wealth Management’s portfolio, making the stock its 3rd biggest position. Copia Wealth Management’s holdings in US Treasury 3 Month Bill ETF were worth $5,268,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in shares of US Treasury 3 Month Bill ETF in the third quarter valued at approximately $60,000. LRI Investments LLC acquired a new position in US Treasury 3 Month Bill ETF during the fourth quarter worth $90,000. Sunbelt Securities Inc. acquired a new position in US Treasury 3 Month Bill ETF during the third quarter worth $156,000. Roxbury Financial LLC acquired a new position in US Treasury 3 Month Bill ETF during the fourth quarter worth $225,000. Finally, Westside Investment Management Inc. increased its holdings in US Treasury 3 Month Bill ETF by 21.1% during the fourth quarter. Westside Investment Management Inc. now owns 5,750 shares of the company’s stock worth $287,000 after buying an additional 1,000 shares during the last quarter.

US Treasury 3 Month Bill ETF Stock Performance

Shares of TBIL opened at $49.95 on Thursday. US Treasury 3 Month Bill ETF has a 1-year low of $49.81 and a 1-year high of $50.02. The company’s fifty day simple moving average is $49.92 and its 200 day simple moving average is $49.93.

US Treasury 3 Month Bill ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, April 29th. Investors of record on Tuesday, April 28th were issued a dividend of $0.147 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Tuesday, April 28th.

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. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.