More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$7.25B
P/E ratio
--
Dividend yield
4.0386%
Expense ratio
0.15%
Beta
-0.000056
Previous close
$49.97
Today's open
$49.99
Day's range
$49.98 - $49.99
52 week range
$49.84 - $50.02
show more
Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Bonds
Short Term High Quality
0%
T. Rowe Price Acquires $19 Billion F/m Investments
Leading asset managers T. Rowe Price announced the acquisition of $19 billion F/m Investments in a press release Thursday afternoon.
ETF Trends • Aug 20, 2026

Your Broker Is Pocketing the Yield on Your Idle Cash. This ETF Hands You Roughly 4%
Every large brokerage offers an idle cash sweep, and most pay well under 1%. Schwab's bank sweep, Fidelity's FCASH, Merrill Edge's cash program, and comparable vehicles at other firms funnel uninvested balances into affiliated or partner banks that earn the full short-term rate and pass along a small fraction.
24/7 Wall Street • Jul 28, 2026

F/m Investments Surpasses $10 Billion in ETF Assets
WASHINGTON--(BUSINESS WIRE)--F/m Investments (“F/m”), a $20 billion fixed income investment firm, today announced that as of July 24, 2026 the firm's ETF platform has surpassed $10 billion in assets, less than four years after launching its first ETF. F/m entered the ETF market in 2022 with the U.S. Benchmark Series, anchored by TBIL, the F/m US Treasury 3 Month Bill ETF, the first suite of single-security US Treasury ETFs. TBIL alone now holds approximately $7.2 billion (as of July 24, 2026).
Business Wire • Jul 28, 2026

Why Investors Are Eyeing Short & Long U.S. Treasury ETFs
Considering where bond yields sit, along with geopolitical pressures and potential policy from the Fed, there are plenty of ways for advisors and investors to play the fixed income market at the moment. This is certainly true for U.S. Treasury ETFs, as well.
ETF Trends • Jul 24, 2026

Alex Morris on Dual Share Class Funds, Fixed Income, & More
Exchange 2026 brought together experts and leaders from firms of all kinds to share ideas, showcase investment perspectives, and discuss the latest market innovations. Alex Morris, CEO of F/m Investments, sat down with the VettaFi team to talk about today's fixed income environment, the F/m fund lineup, and much more.
ETF Trends • Apr 13, 2026

What Advisors Should Know About the ETF/Mutual Fund Convergence
The convergence of ETFs, mutual funds, and tokenization is gaining momentum as asset managers look for ways to modernize product structures, expand distribution, and future-proof their businesses without abandoning established regulatory frameworks.
ETF Trends • Mar 27, 2026

The ETF Barbell: Hedging War While Reloading on AI
Mounting tensions in the Middle East have pushed Brent crude prices well over $100 a barrel, while Treasury yields remain stubbornly high at 4.25%. In response, ETF flows have fractured into a distinct ‘barbell' formation.
ETF Trends • Mar 24, 2026

F/m Investments U.S. Benchmark Series Wins ETF Suite of the Year at the With Intelligence Mutual Fund & ETF Awards
WASHINGTON--(BUSINESS WIRE)--F/m Investments ("F/m"), an $18 billion fixed income investment firm, has been named a winner at the With Intelligence Mutual Fund & ETF Awards, with the U.S. Benchmark Series receiving top honors in the ETF Suite of the Year Category. The recognition reflects the series' impact on how advisors and institutions implement Treasury exposure — and signals broader industry recognition of F/m's approach to fixed income design. The With Intelligence Mutual Fund &.
Business Wire • Feb 26, 2026

F/m Investments Becomes First ETF Issuer to Launch Dual Share Class Fund
WASHINGTON--(BUSINESS WIRE)--F/m Investments ("F/m"), an $18 billion fixed income investment firm, today announced that its flagship TBIL U.S. Treasury 3-Month Bill strategy is now available in both ETF and mutual fund share classes within a single fund. Financial advisors and investors can access the same portfolio, the same performance history, and the same management team through whichever vehicle fits their needs without compromise. The launch marks the first time an ETF issuer has brought.
Business Wire • Feb 12, 2026

Why a $17 Million ETF Exit Might Signal a Shift Toward Higher-Conviction Assets
Strong Tower Advisory Services sold 342,799 shares of TBIL in the fourth quarter. The estimated transaction value was $17.14 million.
The Motley Fool • Feb 2, 2026

¹ Disclosures

Open an M1 investment account to buy and sell F/m US Treasury 3 Month Bill Fund commission-free¹. Build wealth for the long term using automated trading and transfers.