US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Shares Acquired by 49 Wealth Management LLC

49 Wealth Management LLC increased its stake in shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL) by 23.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 215,897 shares of the company’s stock after acquiring an additional 40,632 shares during the period. US Treasury 12 Month Bill ETF makes up about 1.8% of 49 Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. 49 Wealth Management LLC’s holdings in US Treasury 12 Month Bill ETF were worth $10,852,000 at the end of the most recent reporting period.

Separately, GoalVest Advisory LLC purchased a new stake in US Treasury 12 Month Bill ETF in the 3rd quarter valued at approximately $1,357,000.

US Treasury 12 Month Bill ETF Price Performance

OBIL opened at $50.03 on Friday. The business has a 50 day simple moving average of $50.10 and a 200-day simple moving average of $49.96. US Treasury 12 Month Bill ETF has a 12 month low of $49.65 and a 12 month high of $50.31.

US Treasury 12 Month Bill ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were paid a $0.1607 dividend. This represents a $1.93 annualized dividend and a dividend yield of 3.85%. The ex-dividend date was Friday, November 1st.

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.