US Treasury 6 Month Bill ETF (NASDAQ:XBIL – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $49.95 and last traded at $49.95, with a volume of 510 shares. The stock had previously closed at $50.11.
US Treasury 6 Month Bill ETF Stock Performance
The stock has a 50-day moving average of $50.07 and a 200-day moving average of $50.08.
Hedge Funds Weigh In On US Treasury 6 Month Bill ETF
Several hedge funds and other institutional investors have recently modified their holdings of the company. Harbor Investment Advisory LLC grew its position in shares of US Treasury 6 Month Bill ETF by 17.5% during the second quarter. Harbor Investment Advisory LLC now owns 35,305 shares of the company’s stock worth $1,765,000 after acquiring an additional 5,248 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its position in US Treasury 6 Month Bill ETF by 52.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 21,181 shares of the company’s stock valued at $1,060,000 after purchasing an additional 7,295 shares during the last quarter. Ibex Wealth Advisors bought a new stake in US Treasury 6 Month Bill ETF in the 1st quarter valued at about $504,000. Finally, NewEdge Advisors LLC boosted its stake in US Treasury 6 Month Bill ETF by 1,522.9% during the 1st quarter. NewEdge Advisors LLC now owns 5,388 shares of the company’s stock valued at $270,000 after purchasing an additional 5,056 shares during the period.
US Treasury 6 Month Bill ETF Company Profile
The US Treasury 6 Month Bill ETF (XBIL) is an exchange-traded fund that is based on the ICE BofA US 6-Month Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 6-month US Treasury Bill. The fund is designed for those specifically required to track the 6-month tenor on the yield curve. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.
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