This Portfolio Cut $23 Million in T-Bills as Stocks Took Center Stage

2 hours ago 2

Jonathan Ponciano, The Motley Fool

Mon, February 2, 2026 astatine 4:05 AM CST 4 min read

On January 29, Focused Wealth Management reported selling 300,114 shares of the Vanguard 0-3 Month Treasury Bill ETF (NASDAQ:VBIL), an estimated $22.66 cardinal transaction based connected quarterly mean pricing.

According to an SEC filing dated January 29, Focused Wealth Management reduced its holdings successful Vanguard 0-3 Month Treasury Bill ETF (NASDAQ:VBIL) by 300,114 shares during the 4th quarter. The estimated worth of shares sold was $22.66 cardinal based connected the fund’s quarterly mean price. The money ended the 4th with 8,506 shares of VBIL worthy $641,642. The stake’s worth shifted by $22.69 million, combining trading and terms changes.

VBIL represents conscionable 0.07% of Focused Wealth Management’s 13F reportable assets, down from 2.48% successful the anterior quarter.

Top holdings aft the filing:

NYSEMKT: SPYG: $155,867,422 (16.6% of AUM)
NYSEMKT: VTV: $130,043,252 (13.8% of AUM)
NASDAQ: QQQ: $110,613,720 (11.7% of AUM)
NASDAQ: VCIT: $45,823,633 (4.9% of AUM)
NYSEMKT: VYM: $30,474,106 (3.2% of AUM)

As of January 28, VBIL shares were priced astatine $75.62, up 0.75% implicit the past year. The money has a 30-day SEC output of 3.6%.

Metric

Value

Price (as of January 28)	$75.62
Fund assets	$4.64 billion
30-day SEC yield	3.56%
One-year terms change	0.75%

VBIL offers vulnerability to short-term U.S. Treasury bills with maturities of 3 months oregon less, tracking an scale of investment-grade securities.
The money operates connected a passive concern model, seeking to replicate the show of its benchmark scale done a sampling strategy and periodic portfolio rebalancing.
It targets organization and idiosyncratic investors seeking low-risk, highly liquid fixed income solutions for superior preservation and currency management.

The Vanguard 0-3 Month Treasury Bill ETF provides investors with a low-risk conveyance for short-term superior allocation, leveraging a portfolio of U.S. Treasury bills with minimal recognition hazard and precocious liquidity. The fund's strategy is designed to intimately way its benchmark scale portion maintaining operational ratio done selective sampling of eligible securities. Its competitory vantage lies successful its disciplined attack to hazard absorption and cost-effective vulnerability to the ultra-short Treasury marketplace segment.

With the banal marketplace rallying to caller highs, this determination hints astatine wherever superior is being pulled from erstwhile hazard appetite rises. Ultra-short Treasury funds beryllium fundamentally to parkland money, not to compound it. When they shrink this dramatically, it usually means that currency has recovered a amended occupation elsewhere.

The Vanguard 0–3 Month Treasury Bill ETF does precisely what it promises. It holds short-dated U.S. bills, charges a 0.06% disbursal ratio, and precocious offered a 30-day SEC output of 3.56%. The money besides has minimal terms volatility. For superior preservation, each this works, but it mightiness permission immoderate investors craving growth.

Context sharpens the signal. This portfolio is dominated by equity ETFs, with much than 40% allocated crossed large-cap growth, value, and technology-heavy funds (just erstwhile counting apical holdings). Intermediate-term bonds besides diagnostic prominently. Against that backdrop, a 2.5% cash-equivalent sleeve becomes optional erstwhile volatility subsides and guardant returns successful hazard assets look much attractive. The remaining position, present conscionable 0.07% of assets, reads similar operational currency alternatively than an concern stance.