US Treasury 6 Month Bill ETF (NASDAQ:XBIL) Sees Unusually-High Trading Volume – Should You Buy?

US Treasury 6 Month Bill ETF (NASDAQ:XBIL) shares saw strong trading volume on Monday . 239,106 shares were traded during mid-day trading, an increase of 76% from the previous session’s volume of 135,788 shares.The stock last traded at $50.05 and had previously closed at $50.05.

US Treasury 6 Month Bill ETF Stock Down 0.0%

The business has a fifty day simple moving average of $50.10 and a two-hundred day simple moving average of $50.12.

US Treasury 6 Month Bill ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 29th. Shareholders of record on Tuesday, April 28th were issued a $0.1494 dividend. The ex-dividend date was Tuesday, April 28th. This is a positive change from US Treasury 6 Month Bill ETF’s previous dividend of $0.15.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Alpine Bank Wealth Management grew its holdings in US Treasury 6 Month Bill ETF by 133.5% in the 4th quarter. Alpine Bank Wealth Management now owns 93,065 shares of the company’s stock valued at $4,660,000 after buying an additional 53,215 shares in the last quarter. Harbor Investment Advisory LLC acquired a new position in shares of US Treasury 6 Month Bill ETF during the 3rd quarter valued at about $754,000. Ibex Wealth Advisors purchased a new stake in shares of US Treasury 6 Month Bill ETF in the first quarter valued at about $504,000. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of US Treasury 6 Month Bill ETF by 8.6% in the third 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.

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.