US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Shares Up 0.1% – Time to Buy?

Shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL) were up 0.1% during mid-day trading on Monday . The stock traded as high as $50.14 and last traded at $50.13. Approximately 65,681 shares were traded during trading, an increase of 60% from the average daily volume of 41,062 shares. The stock had previously closed at $50.10.

US Treasury 12 Month Bill ETF Stock Down 0.0 %

The business’s fifty day moving average is $50.09 and its 200 day moving average is $50.09.

US Treasury 12 Month Bill ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were paid a dividend of $0.1698 per share. The ex-dividend date was Monday, March 3rd.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

A number of institutional investors and hedge funds have recently modified their holdings of OBIL. Crews Bank & Trust purchased a new position in US Treasury 12 Month Bill ETF during the fourth quarter worth about $160,000. Nations Financial Group Inc. IA ADV grew its holdings in shares of US Treasury 12 Month Bill ETF by 22.8% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 86,109 shares of the company’s stock worth $4,311,000 after purchasing an additional 15,985 shares in the last quarter. Wealthquest Corp grew its holdings in shares of US Treasury 12 Month Bill ETF by 3.4% during the third quarter. Wealthquest Corp now owns 667,913 shares of the company’s stock worth $33,472,000 after purchasing an additional 21,813 shares in the last quarter. GoalVest Advisory LLC bought a new position in shares of US Treasury 12 Month Bill ETF in the third quarter worth approximately $1,357,000. Finally, 49 Wealth Management LLC raised its stake in US Treasury 12 Month Bill ETF by 23.2% in the third quarter. 49 Wealth Management LLC now owns 215,897 shares of the company’s stock valued at $10,852,000 after purchasing an additional 40,632 shares in the last quarter.

About US Treasury 12 Month Bill ETF

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.