Ruggiero Investments Inc. Buys New Position in US Treasury 3 Month Bill ETF $TBIL

Ruggiero Investments Inc. bought a new stake in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 38,065 shares of the company’s stock, valued at approximately $1,899,000. US Treasury 3 Month Bill ETF comprises about 1.7% of Ruggiero Investments Inc.’s holdings, making the stock its 16th biggest position.

Other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in shares of US Treasury 3 Month Bill ETF in the third quarter valued at approximately $60,000. LRI Investments LLC bought 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 3rd quarter valued at $156,000. Roxbury Financial LLC acquired a new position in US Treasury 3 Month Bill ETF during the 4th quarter valued at $225,000. Finally, Westside Investment Management Inc. boosted its holdings in US Treasury 3 Month Bill ETF by 21.1% in the 4th quarter. Westside Investment Management Inc. now owns 5,750 shares of the company’s stock valued at $287,000 after purchasing an additional 1,000 shares during the period.

US Treasury 3 Month Bill ETF Stock Performance

NASDAQ TBIL opened at $49.92 on Friday. The company’s fifty day moving average is $49.92 and its two-hundred day moving average is $49.93. US Treasury 3 Month Bill ETF has a 52-week low of $49.81 and a 52-week high of $50.02.

US Treasury 3 Month Bill ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were paid a $0.1472 dividend. The ex-dividend date was Thursday, May 28th.

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