US Treasury 3 Month Bill ETF Sees $160 Million Inflow

Analyzing week-over-week changes in shares outstanding among ETFs, the US Treasury 3 Month Bill ETF (Symbol: TBIL) stands out. The ETF recorded an approximate $160.0 million inflow, resulting in a 2.9% week-over-week increase in outstanding units, rising from 110,130,000 to 113,330,000.

The chart below illustrates TBIL’s one-year price performance compared to its 200-day moving average:

According to the chart, TBIL’s 52-week low is $49.81 per share, while the 52-week high is $50.05. The ETF is currently trading at $50.00. Evaluating the most recent share price against the 200-day moving average can be a valuable technical analysis approach.

Exchange-traded funds (ETFs) trade similarly to stocks, though investors buy and sell “units” instead of shares. These units can be traded back and forth like stocks, but they may also be created or destroyed to meet investor demand. Each week, we monitor changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units requires purchasing the underlying holdings, while the destruction of units involves selling them. Consequently, large flows can influence the individual components held within ETFs.

Find out which other ETFs experienced notable inflows this week.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.