PVG Asset Management Corp Makes New Investment in US Treasury 6 Month Bill ETF (NASDAQ:XBIL)

PVG Asset Management Corp purchased a new stake in shares of US Treasury 6 Month Bill ETF (NASDAQ:XBIL) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 9,450 shares of the company’s stock, valued at approximately $473,000. US Treasury 6 Month Bill ETF accounts for approximately 1.9% of PVG Asset Management Corp’s holdings, making the stock its 14th biggest holding. PVG Asset Management Corp owned about 0.08% of US Treasury 6 Month Bill ETF at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in XBIL. Trivant Custom Portfolio Group LLC lifted its position in US Treasury 6 Month Bill ETF by 178.9% in the first quarter. Trivant Custom Portfolio Group LLC now owns 502 shares of the company’s stock valued at $25,000 after buying an additional 322 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of US Treasury 6 Month Bill ETF by 5.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock worth $834,000 after purchasing an additional 867 shares during the period. Zions Bancorporation N.A. purchased a new position in shares of US Treasury 6 Month Bill ETF during the 2nd quarter worth approximately $426,000. Finally, Flow Traders U.S. LLC increased its holdings in US Treasury 6 Month Bill ETF by 72.6% in the 1st quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock valued at $3,214,000 after purchasing an additional 26,976 shares during the last quarter.

US Treasury 6 Month Bill ETF Price Performance

Shares of XBIL opened at $50.20 on Tuesday. The company’s 50-day simple moving average is $50.08 and its 200-day simple moving average is $50.03. US Treasury 6 Month Bill ETF has a 1 year low of $49.83 and a 1 year high of $50.30.

US Treasury 6 Month Bill ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Tuesday, September 3rd were paid a $0.2093 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $2.51 annualized dividend and a yield of 5.00%.

US Treasury 6 Month Bill ETF 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.