Janney Montgomery Scott LLC Sells 35,940 Shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL)

Janney Montgomery Scott LLC trimmed its position in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) by 42.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 47,928 shares of the company’s stock after selling 35,940 shares during the period. Janney Montgomery Scott LLC owned about 0.92% of US Treasury 12 Month Bill ETF worth $2,409,000 as of its most recent SEC filing.

US Treasury 12 Month Bill ETF Price Performance

Shares of OBIL stock opened at $49.99 on Wednesday. The firm’s 50-day simple moving average is $50.11 and its two-hundred day simple moving average is $49.95. US Treasury 12 Month Bill ETF has a 52 week low of $49.65 and a 52 week high of $50.31.

US Treasury 12 Month Bill ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were paid a dividend of $0.1607 per share. The ex-dividend date was Friday, November 1st. This represents a $1.93 annualized dividend and a dividend yield of 3.86%.

US Treasury 12 Month Bill ETF 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.