Parallel Advisors LLC Acquires New Shares in US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Parallel Advisors LLC acquired a new stake in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 21,829 shares of the company’s stock, valued at approximately $1,088,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Janney Montgomery Scott LLC lifted its stake in shares of US Treasury 3 Month Bill ETF by 114.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 66,816 shares of the company’s stock valued at $3,331,000 after purchasing an additional 35,626 shares during the last quarter. Fiduciary Alliance LLC bought a new position in US Treasury 3 Month Bill ETF in the 4th quarter worth $656,000. 49 Wealth Management LLC raised its holdings in US Treasury 3 Month Bill ETF by 17.1% in the 3rd quarter. 49 Wealth Management LLC now owns 144,936 shares of the company’s stock worth $7,253,000 after acquiring an additional 21,169 shares during the period. Hilton Capital Management LLC raised its holdings in US Treasury 3 Month Bill ETF by 375.8% in the 3rd quarter. Hilton Capital Management LLC now owns 38,640 shares of the company’s stock worth $1,934,000 after acquiring an additional 30,519 shares during the period. Finally, Wealthquest Corp raised its holdings in US Treasury 3 Month Bill ETF by 2.7% in the 4th quarter. Wealthquest Corp now owns 308,268 shares of the company’s stock worth $15,370,000 after acquiring an additional 8,035 shares during the period.

US Treasury 3 Month Bill ETF Trading Up 0.0 %

Shares of TBIL opened at $49.95 on Thursday. US Treasury 3 Month Bill ETF has a one year low of $49.81 and a one year high of $50.05. The company’s fifty day moving average price is $49.94 and its 200 day moving average price is $49.93.

US Treasury 3 Month Bill ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were issued a $0.1728 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.