Nicholas Hoffman & Company reported an increase of 1,411,985 shares in the Vanguard 0-3 Month Treasury Bill ETF during the fourth quarter, with the transaction valued at approximately $106.59 million based on the quarter’s average closing prices. This purchase boosted the firm’s total holding to 1,800,411 shares, representing roughly 3.15 percent of its 13F assets under management, according to a February 2 filing with the Securities and Exchange Commission.

The Vanguard 0-3 Month Treasury Bill ETF maintains net assets of $4.64 billion and operates with an expense ratio of 0.06 percent. It offers a 30-day SEC yield of 3.56 percent and focuses exclusively on U.S. Treasury bills maturing within three months to deliver capital preservation, high liquidity, and minimal interest–rate sensitivity for risk-averse investors.

With nearly one-fifth of its broader equity and blue-chip ETF allocations already in place, Nicholas Hoffman & Company’s modest increase in ultra-short Treasury exposure signals a desire to preserve optionality rather than hedge against a downturn. The ultra-short nature of VBIL allows the firm to maintain dry powder at a competitive yield level, ensuring rapid redeployment without disrupting longer-term equity or bond positions.