Parallel Advisors LLC Invests $1.09 Million in US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Parallel Advisors LLC purchased a new position in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,829 shares of the company’s stock, valued at approximately $1,088,000.

A number of other hedge funds have also made changes to their positions in the stock. Strategic Blueprint LLC lifted its stake in US Treasury 3 Month Bill ETF by 5.3% during the fourth quarter. Strategic Blueprint LLC now owns 8,442 shares of the company’s stock worth $421,000 after purchasing an additional 425 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in US Treasury 3 Month Bill ETF by 15.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,532 shares of the company’s stock worth $176,000 after purchasing an additional 470 shares during the last quarter. Strategic Advocates LLC lifted its stake in US Treasury 3 Month Bill ETF by 13.6% during the fourth quarter. Strategic Advocates LLC now owns 5,170 shares of the company’s stock worth $258,000 after purchasing an additional 620 shares during the last quarter. Wealthquest Corp lifted its stake in US Treasury 3 Month Bill ETF by 2.7% during the fourth quarter. Wealthquest Corp now owns 308,268 shares of the company’s stock worth $15,370,000 after purchasing an additional 8,035 shares during the last quarter. Finally, Fiduciary Alliance LLC bought a new position in US Treasury 3 Month Bill ETF during the fourth quarter worth $656,000.

US Treasury 3 Month Bill ETF Stock Performance

Shares of TBIL opened at $49.95 on Thursday. The business’s fifty day moving average price is $49.94 and its 200 day moving average price is $49.93. US Treasury 3 Month Bill ETF has a 12-month low of $49.81 and a 12-month high of $50.05.

US Treasury 3 Month Bill ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were paid a dividend of $0.1728 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.