Janney Montgomery Scott LLC Sells 35,940 Shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL)

Janney Montgomery Scott LLC lessened its position in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) by 42.9% in the third quarter, HoldingsChannel reports. The firm owned 47,928 shares of the company’s stock after selling 35,940 shares during the quarter. Janney Montgomery Scott LLC’s holdings in US Treasury 12 Month Bill ETF were worth $2,409,000 as of its most recent SEC filing.

US Treasury 12 Month Bill ETF Price Performance

OBIL stock opened at $49.99 on Wednesday. US Treasury 12 Month Bill ETF has a twelve month low of $49.65 and a twelve month high of $50.31. The business has a 50 day moving average of $50.11 and a 200 day moving average of $49.95.

US Treasury 12 Month Bill ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were issued a $0.1607 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.93 dividend on an annualized basis and a yield of 3.86%.

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.