US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Declares Dividend of $0.16

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) announced a dividend on Monday, July 27th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 28th will be given a dividend of 0.1648 per share on Wednesday, July 29th. The ex-dividend date is Tuesday, July 28th. This is a 6.4% increase from US Treasury 12 Month Bill ETF’s previous dividend of $0.15.

US Treasury 12 Month Bill ETF Price Performance

NASDAQ:OBIL traded down $0.14 on Tuesday, reaching $49.94. 12,456 shares of the company’s stock were exchanged, compared to its average volume of 44,438. The stock has a fifty day simple moving average of $50.07 and a 200-day simple moving average of $50.14. US Treasury 12 Month Bill ETF has a 52 week low of $49.92 and a 52 week high of $50.33.

About US Treasury 12 Month Bill ETF

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.