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

Hilton Capital Management LLC raised its holdings in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) by 375.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. GoalVest Advisory LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 3rd quarter worth $605,000. Jaffetilchin Investment Partners LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 3rd quarter worth $1,003,000. Transcendent Capital Group LLC boosted its stake in shares of US Treasury 3 Month Bill ETF by 14.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 14,837 shares of the company’s stock worth $742,000 after acquiring an additional 1,910 shares during the last quarter. Lindbrook Capital LLC purchased a new position in shares of US Treasury 3 Month Bill ETF during the 3rd quarter worth $284,000. Finally, Leavell Investment Management Inc. boosted its stake in shares of US Treasury 3 Month Bill ETF by 82.0% during the 3rd quarter. Leavell Investment Management Inc. now owns 8,654 shares of the company’s stock worth $433,000 after acquiring an additional 3,899 shares during the last quarter.

US Treasury 3 Month Bill ETF Stock Performance

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 firm’s fifty day moving average is $49.94 and its 200 day moving average is $49.93.

US Treasury 3 Month Bill ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, November 4th. Investors 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.