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

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) shot up 0% during trading on Friday . The company traded as high as $50.27 and last traded at $50.27. 16,910 shares were traded during trading, a decline of 60% from the average session volume of 42,342 shares. The stock had previously closed at $50.26.

US Treasury 12 Month Bill ETF Trading Up 0.0%

The business’s fifty day moving average price is $50.23 and its 200 day moving average price is $50.14.

US Treasury 12 Month Bill ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.1503 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

A number of hedge funds and other institutional investors have recently modified their holdings of OBIL. Financial Gravity Asset Management Inc. purchased a new stake in shares of US Treasury 12 Month Bill ETF during the first quarter worth about $39,000. Crews Bank & Trust boosted its position in shares of US Treasury 12 Month Bill ETF by 11.5% in the third quarter. Crews Bank & Trust now owns 5,800 shares of the company’s stock worth $292,000 after acquiring an additional 600 shares during the last quarter. Alpine Bank Wealth Management boosted its position in shares of US Treasury 12 Month Bill ETF by 43.6% in the third quarter. Alpine Bank Wealth Management now owns 69,540 shares of the company’s stock worth $3,498,000 after acquiring an additional 21,124 shares during the last quarter. Flow Traders U.S. LLC boosted its position in shares of US Treasury 12 Month Bill ETF by 2,385.1% in the second quarter. Flow Traders U.S. LLC now owns 105,367 shares of the company’s stock worth $5,289,000 after acquiring an additional 101,127 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its position in shares of US Treasury 12 Month Bill ETF by 69.4% in the third quarter. Nations Financial Group Inc. IA ADV now owns 135,734 shares of the company’s stock worth $6,828,000 after acquiring an additional 55,628 shares during 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.