Longview Financial Advisors Inc. Cuts Stock Holdings in US Treasury 3 Month Bill ETF $TBIL

Longview Financial Advisors Inc. decreased its position in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 25.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,962 shares of the company’s stock after selling 12,369 shares during the quarter. US Treasury 3 Month Bill ETF makes up approximately 1.1% of Longview Financial Advisors Inc.’s portfolio, making the stock its 17th largest position. Longview Financial Advisors Inc.’s holdings in US Treasury 3 Month Bill ETF were worth $1,843,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Captrust Financial Advisors increased its position in shares of US Treasury 3 Month Bill ETF by 4,270.3% during the 2nd quarter. Captrust Financial Advisors now owns 187,924 shares of the company’s stock valued at $9,395,000 after purchasing an additional 183,624 shares during the last quarter. JPMorgan Chase & Co. raised its position in US Treasury 3 Month Bill ETF by 49,050.3% in the second quarter. JPMorgan Chase & Co. now owns 151,383 shares of the company’s stock worth $7,568,000 after acquiring an additional 151,075 shares during the period. Ruggiero Investments Inc. purchased a new position in US Treasury 3 Month Bill ETF in the fourth quarter valued at about $1,899,000. Ibex Wealth Advisors boosted its stake in US Treasury 3 Month Bill ETF by 11.3% in the fourth quarter. Ibex Wealth Advisors now owns 326,600 shares of the company’s stock valued at $16,291,000 after acquiring an additional 33,279 shares during the last quarter. Finally, Wealthquest Corp grew its position in shares of US Treasury 3 Month Bill ETF by 10.9% during the 4th quarter. Wealthquest Corp now owns 250,202 shares of the company’s stock valued at $12,480,000 after acquiring an additional 24,626 shares during the period.

US Treasury 3 Month Bill ETF Stock Performance

Shares of TBIL stock opened at $49.88 on Tuesday. The company has a 50 day moving average of $49.92 and a 200-day moving average of $49.92. US Treasury 3 Month Bill ETF has a 12-month low of $49.84 and a 12-month high of $50.02.

US Treasury 3 Month Bill ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 28th were issued a dividend of $0.15 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, July 28th.

US Treasury 3 Month Bill ETF 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.