Eldridge Investment Advisors Inc. Takes $652,000 Position in US Treasury 6 Month Bill ETF (NASDAQ:XBIL)

Eldridge Investment Advisors Inc. acquired a new stake in US Treasury 6 Month Bill ETF (NASDAQ:XBIL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,057 shares of the company’s stock, valued at approximately $652,000. Eldridge Investment Advisors Inc. owned about 0.12% of US Treasury 6 Month Bill ETF at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of XBIL. Private Trust Co. NA lifted its position in shares of US Treasury 6 Month Bill ETF by 200.0% in the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $45,000 after buying an additional 600 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in US Treasury 6 Month Bill ETF during the 3rd quarter valued at about $455,000. Finally, F M Investments LLC increased its stake in US Treasury 6 Month Bill ETF by 240.1% during the 3rd quarter. F M Investments LLC now owns 41,747 shares of the company’s stock valued at $2,094,000 after buying an additional 29,471 shares during the period.

US Treasury 6 Month Bill ETF Stock Up 0.0 %

US Treasury 6 Month Bill ETF stock traded up $0.02 during trading hours on Thursday, hitting $49.91. 79,479 shares of the company traded hands, compared to its average volume of 127,643. The firm’s 50-day simple moving average is $50.02 and its two-hundred day simple moving average is $50.04. US Treasury 6 Month Bill ETF has a 1-year low of $49.83 and a 1-year high of $50.30.

US Treasury 6 Month Bill ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.216 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $2.59 dividend on an annualized basis and a yield of 5.19%.

US Treasury 6 Month Bill ETF Company Profile

The US Treasury 6 Month Bill ETF (XBIL) is an exchange-traded fund that is based on the ICE BofA US 6-Month Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 6-month US Treasury Bill. The fund is designed for those specifically required to track the 6-month tenor on the yield curve.