US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Trading Up 0.1% – Should You Buy?

US Treasury 12 Month Bill ETF (NASDAQ:OBIL)’s stock price was up 0.1% during trading on Monday . The company traded as high as $50.14 and last traded at $50.13. Approximately 65,681 shares traded hands during trading, an increase of 60% from the average daily volume of 41,062 shares. The stock had previously closed at $50.10.

US Treasury 12 Month Bill ETF Stock Performance

The business’s fifty day moving average price is $50.09 and its 200 day moving average price is $50.09.

US Treasury 12 Month Bill ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1698 per share. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On US Treasury 12 Month Bill ETF

Hedge funds have recently bought and sold shares of the company. Crews Bank & Trust bought a new position in US Treasury 12 Month Bill ETF during the fourth quarter worth $160,000. GoalVest Advisory LLC bought a new position in US Treasury 12 Month Bill ETF during the third quarter worth $1,357,000. Nations Financial Group Inc. IA ADV bought a new position in US Treasury 12 Month Bill ETF during the third quarter worth $3,525,000. 49 Wealth Management LLC raised its stake in US Treasury 12 Month Bill ETF by 23.2% during the third quarter. 49 Wealth Management LLC now owns 215,897 shares of the company’s stock worth $10,852,000 after buying an additional 40,632 shares during the last quarter. Finally, Wealthquest Corp raised its stake in US Treasury 12 Month Bill ETF by 3.4% during the third quarter. Wealthquest Corp now owns 667,913 shares of the company’s stock worth $33,472,000 after buying an additional 21,813 shares during the last quarter.

US Treasury 12 Month Bill ETF Company Profile

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.