US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Unusually-High Trading Volume – Here’s Why

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) shares saw unusually-strong trading volume on Friday . Approximately 146,281 shares changed hands during mid-day trading, an increase of 12% from the previous session’s volume of 130,213 shares.The stock last traded at $50.10 and had previously closed at $50.08.

US Treasury 6 Month Bill ETF Stock Up 0.0%

The business has a fifty day moving average of $50.09 and a two-hundred day moving average of $50.12.

US Treasury 6 Month Bill ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were issued a dividend of $0.1463 per share. The ex-dividend date was Monday, March 30th.

Institutional Investors Weigh In On US Treasury 6 Month Bill ETF

A number of large investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC grew its holdings in US Treasury 6 Month Bill ETF by 7.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 133,576 shares of the company’s stock valued at $6,688,000 after buying an additional 9,003 shares during the last quarter. Alpine Bank Wealth Management boosted its holdings in shares of US Treasury 6 Month Bill ETF by 133.5% during the fourth quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock worth $4,660,000 after purchasing an additional 53,215 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in shares of US Treasury 6 Month Bill ETF by 86.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 27,932 shares of the company’s stock worth $1,399,000 after purchasing an additional 12,911 shares during the last quarter.

US Treasury 6 Month Bill ETF Company Profile

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.