Janney Montgomery Scott LLC Sells 5,103 Shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Janney Montgomery Scott LLC trimmed its stake in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 14.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,190 shares of the company’s stock after selling 5,103 shares during the period. Janney Montgomery Scott LLC’s holdings in US Treasury 3 Month Bill ETF were worth $1,561,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL bought a new position in shares of US Treasury 3 Month Bill ETF in the third quarter valued at approximately $1,114,000. EverSource Wealth Advisors LLC bought a new position in US Treasury 3 Month Bill ETF in the 1st quarter worth $53,000. Valeo Financial Advisors LLC bought a new position in US Treasury 3 Month Bill ETF in the 2nd quarter worth $230,000. Strategic Blueprint LLC acquired a new position in US Treasury 3 Month Bill ETF during the 2nd quarter worth $254,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in US Treasury 3 Month Bill ETF by 102.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,472 shares of the company’s stock valued at $74,000 after acquiring an additional 745 shares during the period.

US Treasury 3 Month Bill ETF Stock Up 0.0 %

Shares of NASDAQ:TBIL opened at $49.93 on Friday. The stock’s 50-day moving average is $49.93 and its 200-day moving average is $49.93. US Treasury 3 Month Bill ETF has a 52-week low of $49.81 and a 52-week high of $50.08.

US Treasury 3 Month Bill ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1874 dividend. This represents a $2.25 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date of this dividend was Friday, November 1st.

About US Treasury 3 Month Bill ETF

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve.