In the fourth quarter, Nicholas Hoffman & Company boosted its holding in the Vanguard 0–3 Month Treasury Bill ETF (VBIL) by acquiring 1,411,985 shares. Based on the average closing prices for the quarter, the estimated transaction size was $106.59 million. Following this purchase, the firm’s overall stake rose to 1,800,411 shares, valued at approximately $135.80 million. VBIL now accounts for 3.15% of Nicholas Hoffman & Company’s reported 13F assets under management, reflecting a strategic allocation to ultra-short U.S. Treasury bills.

VBIL tracks an index of U.S. Treasury bills maturing in three months or less, offering investors high liquidity and capital preservation. The fund manages net assets of $4.64 billion and carries an expense ratio of 0.06%. In recent reporting, VBIL’s 30-day SEC yield stood at 3.56%, providing a near 4% annualized return with minimal credit and duration risk. For Nicholas Hoffman & Company, the purchase serves as a flexible cash-management tool—delivering liquidity and yield while preserving optionality to reallocate capital swiftly into equities or other opportunities.

This new holding complements a portfolio otherwise concentrated in broad equity and blue-chip positions—top allocations include large-cap U.S. and international equity ETFs and a significant position in a major diversified holding company. By designating just over 3% of its 13F AUM to ultra-short Treasury bills, Nicholas Hoffman & Company balances return-seeking assets with a low-risk liquidity sleeve. This structure underscores a tactical approach: maintaining dry powder at a reasonable yield without materially diluting the portfolio’s growth orientation.