US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Shares Sold by Trivant Custom Portfolio Group LLC

Trivant Custom Portfolio Group LLC trimmed its position in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) by 55.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 541 shares of the company’s stock after selling 666 shares during the period. Trivant Custom Portfolio Group LLC’s holdings in US Treasury 6 Month Bill ETF were worth $27,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in XBIL. PVG Asset Management Corp purchased a new stake in shares of US Treasury 6 Month Bill ETF during the 2nd quarter valued at approximately $473,000. Zions Bancorporation N.A. purchased a new stake in US Treasury 6 Month Bill ETF in the second quarter valued at $426,000. Bank of New York Mellon Corp raised its position in US Treasury 6 Month Bill ETF by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock valued at $834,000 after purchasing an additional 867 shares during the period. Finally, Flow Traders U.S. LLC lifted its stake in shares of US Treasury 6 Month Bill ETF by 72.6% in the 1st quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock valued at $3,214,000 after purchasing an additional 26,976 shares during the last quarter.

US Treasury 6 Month Bill ETF Stock Performance

Shares of NASDAQ XBIL remained flat at $50.04 during mid-day trading on Friday. The stock had a trading volume of 146,443 shares, compared to its average volume of 130,317. The stock’s 50-day moving average is $50.08 and its 200-day moving average is $50.03. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.83 and a fifty-two week high of $50.30.

US Treasury 6 Month Bill ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.193 per share. This represents a $2.32 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend was Tuesday, October 1st.

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.