Why a $17 Million ETF Exit Might Signal a Shift Toward Higher-Conviction Assets

2 days ago 3

Jonathan Ponciano, The Motley Fool

Mon, February 2, 2026 astatine 4:39 AM CST 4 min read

On January 22, Strong Tower Advisory Services reported selling retired its full involvement successful the F/m US Treasury 3 Month Bill ETF (NASDAQ:TBIL), an estimated $17.14 cardinal commercialized based connected the last-disclosed presumption value.

According to the SEC filing dated January 22, Strong Tower Advisory Services afloat liquidated its presumption successful the F/m US Treasury 3 Month Bill ETF (NASDAQ:TBIL), selling 342,799 shares during the 4th quarter. This determination reduced the fund’s quarter-end presumption worth by $17.14 million.

Top holdings aft the filing:

NYSEMKT:LQD: $28.54 cardinal (5.1% of AUM)
NYSEMKT:BINC: $26.39 cardinal (4.7% of AUM)
NASDAQ:NVDA: $24.68 cardinal (4.4% of AUM)
NYSEMKT:BLV: $21.82 cardinal (3.9% of AUM)
NASDAQ:MSTR: $19.56 cardinal (3.5% of AUM)

As of January 22, TBIL shares were priced astatine $49.98, astir level implicit the past year. Meanwhile, the fund’s output was astir 4.06%.

Metric

Value

AUM	$6.31 billion
Yield	4.06%
Price (as of January 22)	$49.98
1-year full return	4.13%

TBIL’s concern strategy centers connected tracking the show of the astir precocious issued 3-month U.S. Treasury bill, with astatine slightest 80% of assets invested successful the index's constituent security.
The portfolio consists of a azygous U.S. Treasury measure purchased monthly and held to maturity, providing nonstop vulnerability to short-term U.S. authorities indebtedness with minimal recognition risk.
The money is structured arsenic an ETF, offering regular liquidity and a transparent, low-cost conveyance for investors seeking superior preservation and existent income.

The F/m US Treasury 3 Month Bill ETF (TBIL) provides investors with streamlined entree to short-duration U.S. Treasury securities done a single-security, monthly rolling strategy. The fund's important assets nether absorption and accordant output bespeak beardown request for liquid, low-risk currency alternatives. TBIL's operation offers organization and idiosyncratic investors a convenient mechanics to negociate liquidity portion earning competitory yields connected U.S. government-backed instruments.

Ultra-short Treasury ETFs are designed to support capital, not compound it, and erstwhile accidental outgo rises, they thin to beryllium the archetypal root of backing for caller ideas. That’s wherefore this determination mightiness amusement what happens erstwhile currency stops pulling its weight, oregon erstwhile thing other conscionable looks much attractive.

To beryllium fair, the F/m US Treasury 3 Month Bill ETF does its occupation well. It holds a single, precocious issued Treasury bill, rolls monthly, and offers regular liquidity with minimal recognition risk. As of precocious January, the money carried a output conscionable implicit 4%, traded fundamentally astatine nett plus value, and managed much than $6 cardinal successful assets, underscoring its relation arsenic an organization currency tool. Performance, arsenic expected, has been astir level implicit the past year.

Meanwhile, the remainder of the portfolio leans toward longer-duration bonds and higher-volatility assets, including firm recognition and equities with asymmetric upside. In that framework, holding a sizable allocation to a cash-equivalent ETF tin rapidly go redundant. Liquidity is already disposable elsewhere, and incremental dollars gain much erstwhile enactment to work.