What’s the Deal with Obermeyer and TBIL?
So, Obermeyer Wealth Partners… they bought a lot more of this F/m U.S. Treasury 3 Month Bill ETF – TBIL, as if we don’t have enough acronyms already. 186,777 shares. Nine point three three million dollars. It’s just…a lot. Like, what are they doing? Are they expecting a sudden run on three-month Treasury bills? I mean, it’s not exactly a thrill ride, is it? A 0.06% bump? I’ve seen more excitement at a DMV. According to the filing, it makes up 3.03% of their reportable assets. 3.03%! It’s so…precise. Like they had to round it up.
Their Other Stuff, Just in Case You Care
They’ve also got a healthy obsession with Google – $131.54 million worth. Qualcomm, Microsoft, VOO… the usual suspects. It’s all very…competent. Too competent. I prefer a little chaos, a little unpredictability. Makes things interesting. Like investing in a restaurant that might have a health code violation. That’s a gamble! This is just…safe. Boringly safe.
TBIL By the Numbers (Ugh, Numbers)
| Metric | Value |
|---|---|
| AUM | $6.31 billion |
| Price (as of Jan. 31, 2026) | $49.88 |
| Dividend yield | 4.03% |
| 1-year total return | -0.24% |
What Is This TBIL Thing Anyway?
Okay, so it’s a fund that buys three-month Treasury bills. They rebalance it monthly. It’s designed to be…stable. Predictable. It’s the financial equivalent of beige paint. And now, they want to…tokenize it? Are you kidding me?
Tokenization: The Latest Thing Nobody Asked For
F/m Investments filed something with the SEC about putting this ETF on a blockchain. A blockchain. Like we need more complexity in the financial system. Like anyone actually understands what a blockchain is. They say it won’t be like a cryptocurrency. Oh, well that’s reassuring. It’ll have “internal frameworks” and “independent board oversight.” Great. More oversight. That’s exactly what we need. And get this: they don’t want retail traders to have access. It’s for “insiders.” Of course. It always is. So, the little guy gets stuck with the boring, non-tokenized version. It’s just…unfair.
Revolutionary? Or Just a Headache?
They’re calling it “revolutionary.” Revolutionary! It’s a three-month Treasury bill! What’s revolutionary about that? And if you don’t like blockchain, too bad. You’re excluded. It’s like they’re deliberately trying to alienate people. I bet the user interface for this tokenized version is going to be a disaster. Tiny buttons, confusing menus, endless disclaimers. I can feel my blood pressure rising just thinking about it. Honestly, I’m starting to suspect this whole thing is just a way for someone to justify a very expensive tech project. And who pays for it? We do, of course. We always do.
Read More
- TON PREDICTION. TON cryptocurrency
- 2025 Crypto Wallets: Secure, Smart, and Surprisingly Simple!
- 10 Hulu Originals You’re Missing Out On
- The 11 Elden Ring: Nightreign DLC features that would surprise and delight the biggest FromSoftware fans
- Gold Rate Forecast
- 17 Black Voice Actors Who Saved Games With One Line Delivery
- Is T-Mobile’s Dividend Dream Too Good to Be True?
- The Gambler’s Dilemma: A Trillion-Dollar Riddle of Fate and Fortune
- Walmart: The Galactic Grocery Giant and Its Dividend Delights
- Is Kalshi the New Polymarket? 🤔💡
2026-02-01 04:22