Janney Montgomery Scott LLC Decreases Stock Holdings in US Treasury 6 Month Bill ETF (NASDAQ:XBIL)

Janney Montgomery Scott LLC cut its holdings in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) by 35.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 57,046 shares of the company’s stock after selling 31,660 shares during the quarter. Janney Montgomery Scott LLC’s holdings in US Treasury 6 Month Bill ETF were worth $2,862,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of XBIL. 49 Wealth Management LLC raised its stake in US Treasury 6 Month Bill ETF by 46.9% during the fourth quarter. 49 Wealth Management LLC now owns 277,181 shares of the company’s stock valued at $13,869,000 after purchasing an additional 88,509 shares in the last quarter. Copia Wealth Management bought a new stake in shares of US Treasury 6 Month Bill ETF in the 4th quarter worth about $4,851,000. Farther Finance Advisors LLC bought a new stake in shares of US Treasury 6 Month Bill ETF in the 4th quarter worth about $1,135,000. Finally, NBC Securities Inc. raised its position in shares of US Treasury 6 Month Bill ETF by 99,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,000 shares of the company’s stock valued at $50,000 after buying an additional 999 shares in the last quarter.

US Treasury 6 Month Bill ETF Stock Up 0.0%

Shares of NASDAQ:XBIL opened at $50.13 on Wednesday. US Treasury 6 Month Bill ETF has a 12 month low of $49.87 and a 12 month high of $50.21. The company has a 50-day moving average price of $50.09 and a 200 day moving average price of $50.10.

US Treasury 6 Month Bill ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, June 2nd were paid a $0.1704 dividend. This is a positive change from US Treasury 6 Month Bill ETF’s previous dividend of $0.17. The ex-dividend date was Monday, June 2nd.

About US Treasury 6 Month Bill ETF

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.