Ruggiero Investments Inc. Takes Position in US Treasury 3 Month Bill ETF $TBIL

Ruggiero Investments Inc. bought a new stake in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 38,065 shares of the company’s stock, valued at approximately $1,899,000. US Treasury 3 Month Bill ETF makes up approximately 1.7% of Ruggiero Investments Inc.’s investment portfolio, making the stock its 16th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC bought a new stake in US Treasury 3 Month Bill ETF in the 3rd quarter valued at $60,000. LRI Investments LLC acquired a new position in shares of US Treasury 3 Month Bill ETF during the fourth quarter valued at $90,000. Sunbelt Securities Inc. bought a new position in US Treasury 3 Month Bill ETF in the third quarter valued at about $156,000. Roxbury Financial LLC bought a new position in shares of US Treasury 3 Month Bill ETF in the 4th quarter valued at about $225,000. Finally, Westside Investment Management Inc. grew its position in shares of US Treasury 3 Month Bill ETF by 21.1% during the 4th quarter. Westside Investment Management Inc. now owns 5,750 shares of the company’s stock worth $287,000 after buying an additional 1,000 shares during the period.

US Treasury 3 Month Bill ETF Stock Up 0.0%

Shares of TBIL stock opened at $49.92 on Friday. The firm’s 50 day moving average price is $49.92 and its two-hundred day moving average price is $49.93. US Treasury 3 Month Bill ETF has a 52-week low of $49.81 and a 52-week high of $50.02.

US Treasury 3 Month Bill ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 28th were paid a $0.1472 dividend. The ex-dividend date of this dividend was Thursday, May 28th.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.