US Treasury 6 Month Bill ETF (NASDAQ:XBIL) to Issue Dividend of $0.16

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) announced a dividend on Monday, December 29th, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.1582 per share on Wednesday, December 31st. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 3.4% increase from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

US Treasury 6 Month Bill ETF Stock Down 0.3%

Shares of XBIL traded down $0.15 during trading hours on Tuesday, reaching $50.06. 79,402 shares of the stock traded hands, compared to its average volume of 150,839. The company’s 50-day moving average price is $50.14 and its two-hundred day moving average price is $50.11. US Treasury 6 Month Bill ETF has a 52-week low of $49.90 and a 52-week high of $50.22.

Hedge Funds Weigh In On US Treasury 6 Month Bill ETF

A number of hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC raised its stake in US Treasury 6 Month Bill ETF by 8.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 124,573 shares of the company’s stock valued at $6,253,000 after purchasing an additional 9,831 shares during the period. Harbor Investment Advisory LLC bought a new position in US Treasury 6 Month Bill ETF in the 3rd quarter worth approximately $754,000. Finally, Alpine Bank Wealth Management grew its holdings in US Treasury 6 Month Bill ETF by 110.8% during the 3rd quarter. Alpine Bank Wealth Management now owns 39,850 shares of the company’s stock valued at $2,000,000 after buying an additional 20,945 shares in the last quarter.

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. XBIL was launched on Mar 7, 2023 and is managed by F/m Investments.