Farther Finance Advisors LLC Raises Holdings in US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Farther Finance Advisors LLC grew its stake in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 16.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 50,095 shares of the company’s stock after buying an additional 7,198 shares during the quarter. Farther Finance Advisors LLC’s holdings in US Treasury 3 Month Bill ETF were worth $2,507,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. SouthState Corp acquired a new stake in US Treasury 3 Month Bill ETF in the second quarter valued at approximately $35,000. EverSource Wealth Advisors LLC acquired a new stake in shares of US Treasury 3 Month Bill ETF in the 1st quarter valued at $53,000. Creative Financial Designs Inc. ADV lifted its position in shares of US Treasury 3 Month Bill ETF by 102.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,472 shares of the company’s stock worth $74,000 after purchasing an additional 745 shares during the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of US Treasury 3 Month Bill ETF during the 2nd quarter worth $230,000. Finally, Verity Asset Management Inc. acquired a new position in shares of US Treasury 3 Month Bill ETF during the first quarter worth $248,000.

US Treasury 3 Month Bill ETF Stock Performance

US Treasury 3 Month Bill ETF stock opened at $49.86 on Friday. The stock’s fifty day moving average is $49.95 and its two-hundred day moving average is $49.94. US Treasury 3 Month Bill ETF has a 1-year low of $49.81 and a 1-year high of $50.08.

US Treasury 3 Month Bill ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 4th. Investors of record on Friday, November 1st will be paid a dividend of $0.1874 per share. This represents a $2.25 annualized dividend and a yield of 4.51%. The ex-dividend date is Friday, November 1st.

US Treasury 3 Month Bill ETF Profile

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.