Core Insights - Coign Capital Advisors disclosed the purchase of 60,906 shares of the F/m US Treasury 3 Month Bill ETF (TBIL) for an estimated $3 million in Q3, increasing its total holding to 218,317 shares valued at approximately $10.9 million as of September 30 [1][2][6] Investment Strategy - The purchase of TBIL represents 6% of Coign Capital Advisors' 13F assets under management (AUM), making it the fund's fourth-largest holding [3][7] - Coign's strategy includes balancing core fixed income exposure with a cash-equivalent anchor, as evidenced by a larger $4.6 million investment in the Eaton Vance Total Return Bond ETF (EVTR) [7] ETF Overview - The F/m US Treasury 3 Month Bill ETF (TBIL) has an AUM of $6 billion, a yield of 4.3%, and a price of $50.02 as of market close on Friday, with no price change over the past year [4][5] Market Context - The growing allocation to short-term Treasuries through TBIL indicates a preference for safety and liquidity amid moderating interest rates [6][7] - TBIL serves as a tactical allocation tool for long-term investors, providing monthly income and flexibility to redeploy cash as interest rates change [9]
This Wealth Firm's $11 Million Bet on Short-Term Treasury Bills Shows a Cautious Optimism
The Motley Fool·2025-11-02 16:31