US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Trading 0% Higher – Here’s What Happened

Shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL) were up 0% during trading on Tuesday . The stock traded as high as $50.12 and last traded at $50.12. Approximately 42,382 shares were traded during mid-day trading, a decline of 3% from the average session volume of 43,741 shares. The stock had previously closed at $50.10.

US Treasury 12 Month Bill ETF Stock Performance

The business’s 50-day moving average is $50.05 and its 200 day moving average is $50.11.

US Treasury 12 Month Bill ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 28th were given a dividend of $0.1648 per share. The ex-dividend date was Tuesday, July 28th. This is a boost from US Treasury 12 Month Bill ETF’s previous dividend of $0.15.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its stake in shares of US Treasury 12 Month Bill ETF by 6,810.5% in the fourth quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock valued at $694,000 after buying an additional 13,621 shares during the period. Marshall & Sterling Wealth Advisors Inc. increased its stake in US Treasury 12 Month Bill ETF by 76.6% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 27,011 shares of the company’s stock worth $1,353,000 after acquiring an additional 11,716 shares during the period. Finally, Nations Financial Group Inc. IA ADV raised its holdings in US Treasury 12 Month Bill ETF by 8.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 149,397 shares of the company’s stock valued at $7,481,000 after acquiring an additional 11,509 shares in the last quarter.

US Treasury 12 Month Bill ETF Company 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.