Bank of New York Mellon Corp Lowers Stake in US Treasury 6 Month Bill ETF (NASDAQ:XBIL)

Bank of New York Mellon Corp trimmed its position in shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL) by 10.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,932 shares of the company’s stock after selling 1,128 shares during the quarter. Bank of New York Mellon Corp owned about 0.08% of US Treasury 6 Month Bill ETF worth $497,000 at the end of the most recent reporting period.

Separately, Janney Montgomery Scott LLC boosted its stake in US Treasury 6 Month Bill ETF by 82.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 88,706 shares of the company’s stock worth $4,438,000 after purchasing an additional 40,123 shares in the last quarter.

US Treasury 6 Month Bill ETF Price Performance

Shares of XBIL opened at $50.15 on Friday. The company’s fifty day moving average price is $50.11 and its 200-day moving average price is $50.10. US Treasury 6 Month Bill ETF has a 1-year low of $49.83 and a 1-year high of $50.21.

US Treasury 6 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 given a $0.1739 dividend. The ex-dividend date was Monday, March 3rd.

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.