US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Shares Up 0.1% – Here’s What Happened

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

US Treasury 12 Month Bill ETF Stock Performance

The firm’s 50 day simple moving average is $50.09 and its 200 day simple 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. Shareholders of record on Monday, March 3rd were paid a $0.1698 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wealthquest Corp lifted its stake in shares of US Treasury 12 Month Bill ETF by 4.9% in the 4th quarter. Wealthquest Corp now owns 700,602 shares of the company’s stock valued at $35,072,000 after acquiring an additional 32,689 shares during the last quarter. 49 Wealth Management LLC increased its stake in US Treasury 12 Month Bill ETF by 27.9% in the 4th quarter. 49 Wealth Management LLC now owns 276,194 shares of the company’s stock worth $13,826,000 after purchasing an additional 60,297 shares during the period. Nations Financial Group Inc. IA ADV lifted its position in US Treasury 12 Month Bill ETF by 22.8% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 86,109 shares of the company’s stock valued at $4,311,000 after purchasing an additional 15,985 shares during the last quarter. GoalVest Advisory LLC purchased a new stake in shares of US Treasury 12 Month Bill ETF during the third quarter valued at approximately $1,357,000. Finally, Crews Bank & Trust purchased a new stake in US Treasury 12 Month Bill ETF during the 4th quarter valued at $160,000.

US Treasury 12 Month Bill ETF Company 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.