Argus Investors Counsel Inc. Buys Shares of 6,059 US Treasury 3 Month Bill ETF (NASDAQ:TBIL)

Argus Investors Counsel Inc. acquired a new position in shares of US Treasury 3 Month Bill ETF (NASDAQ:TBIL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,059 shares of the company’s stock, valued at approximately $303,000.

A number of other institutional investors also recently modified their holdings of the stock. AdvisorNet Financial Inc bought a new stake in US Treasury 3 Month Bill ETF in the second quarter worth about $2,466,000. Moloney Securities Asset Management LLC increased its holdings in US Treasury 3 Month Bill ETF by 24.7% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 234,092 shares of the company’s stock worth $11,709,000 after acquiring an additional 46,427 shares during the period. Ashton Thomas Private Wealth LLC increased its holdings in US Treasury 3 Month Bill ETF by 20.1% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 76,244 shares of the company’s stock worth $3,814,000 after acquiring an additional 12,772 shares during the period. Transcendent Capital Group LLC increased its holdings in US Treasury 3 Month Bill ETF by 1,746.7% during the 2nd quarter. Transcendent Capital Group LLC now owns 12,927 shares of the company’s stock worth $647,000 after acquiring an additional 12,227 shares during the period. Finally, Longview Financial Advisors Inc. increased its holdings in US Treasury 3 Month Bill ETF by 2.9% during the 3rd quarter. Longview Financial Advisors Inc. now owns 242,471 shares of the company’s stock worth $12,090,000 after acquiring an additional 6,798 shares during the period.

US Treasury 3 Month Bill ETF Price Performance

Shares of US Treasury 3 Month Bill ETF stock traded up $0.01 during trading on Tuesday, reaching $49.97. The company’s stock had a trading volume of 377,274 shares, compared to its average volume of 1,073,041. US Treasury 3 Month Bill ETF has a 52-week low of $49.81 and a 52-week high of $50.08. The firm’s 50-day moving average is $49.94 and its two-hundred day moving average is $49.93.

US Treasury 3 Month Bill ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Tuesday, October 1st were paid a $0.206 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $2.47 dividend on an annualized basis and a dividend yield of 4.95%.

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.