Hilton Capital Management LLC Purchases 30,519 Shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Hilton Capital Management LLC boosted its position in US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 375.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,640 shares of the company’s stock after acquiring an additional 30,519 shares during the quarter. Hilton Capital Management LLC’s holdings in US Treasury 3 Month Bill ETF were worth $1,934,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. GoalVest Advisory LLC bought a new position in shares of US Treasury 3 Month Bill ETF during the third quarter valued at about $605,000. Jaffetilchin Investment Partners LLC purchased a new stake in US Treasury 3 Month Bill ETF in the third quarter worth about $1,003,000. Transcendent Capital Group LLC lifted its holdings in US Treasury 3 Month Bill ETF by 14.8% in the third quarter. Transcendent Capital Group LLC now owns 14,837 shares of the company’s stock worth $742,000 after buying an additional 1,910 shares during the period. Lindbrook Capital LLC purchased a new stake in US Treasury 3 Month Bill ETF in the third quarter worth about $284,000. Finally, Leavell Investment Management Inc. lifted its holdings in US Treasury 3 Month Bill ETF by 82.0% in the third quarter. Leavell Investment Management Inc. now owns 8,654 shares of the company’s stock worth $433,000 after buying an additional 3,899 shares during the period.

US Treasury 3 Month Bill ETF Stock Up 0.0 %

Shares of NASDAQ TBIL opened at $49.95 on Wednesday. US Treasury 3 Month Bill ETF has a fifty-two week low of $49.81 and a fifty-two week high of $50.08. The company has a 50 day simple moving average of $49.94 and a two-hundred day simple moving average of $49.93.

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 paid a dividend of $0.1874 per share. This represents a $2.25 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date 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.