Janney Montgomery Scott LLC Lowers Stock Position in US Treasury 6 Month Bill ETF (NASDAQ:XBIL)

Janney Montgomery Scott LLC cut its stake in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) by 70.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,583 shares of the company’s stock after selling 118,634 shares during the quarter. Janney Montgomery Scott LLC owned about 0.38% of US Treasury 6 Month Bill ETF worth $2,439,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC boosted its stake in US Treasury 6 Month Bill ETF by 72.6% in the first quarter. Flow Traders U.S. LLC now owns 64,133 shares of the company’s stock valued at $3,214,000 after acquiring an additional 26,976 shares in the last quarter. PVG Asset Management Corp acquired a new position in US Treasury 6 Month Bill ETF during the 2nd quarter valued at about $473,000. Zions Bancorporation N.A. purchased a new stake in US Treasury 6 Month Bill ETF in the second quarter valued at about $426,000. Bank of New York Mellon Corp boosted its holdings in US Treasury 6 Month Bill ETF by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 16,662 shares of the company’s stock worth $834,000 after acquiring an additional 867 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC grew its position in US Treasury 6 Month Bill ETF by 140.4% during the 2nd quarter. Trivant Custom Portfolio Group LLC now owns 1,207 shares of the company’s stock worth $60,000 after purchasing an additional 705 shares during the last quarter.

US Treasury 6 Month Bill ETF Price Performance

Shares of XBIL stock opened at $50.06 on Tuesday. US Treasury 6 Month Bill ETF has a fifty-two week low of $49.83 and a fifty-two week high of $50.21. The stock’s 50-day simple moving average is $50.09 and its 200-day simple moving average is $50.04.

US Treasury 6 Month Bill ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1763 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.12 dividend on an annualized basis and a yield of 4.23%.

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.