Sovereign Investment Advisors LLC Raises Stock Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sovereign Investment Advisors LLC grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 6.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,728 shares of the company’s stock after acquiring an additional 2,787 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 1.2% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Sovereign Investment Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,470,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BIL. OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5,842.9% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,868,218 shares of the company’s stock worth $171,372,000 after buying an additional 1,836,782 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the second quarter valued at about $109,043,000. AGF Management Ltd. lifted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 80.2% in the first quarter. AGF Management Ltd. now owns 2,453,640 shares of the company’s stock worth $225,072,000 after acquiring an additional 1,092,381 shares during the period. Partners Capital Investment Group LLP grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 30.1% during the 1st quarter. Partners Capital Investment Group LLP now owns 2,812,458 shares of the company’s stock worth $257,987,000 after acquiring an additional 650,315 shares in the last quarter. Finally, Modern Wealth Management LLC grew its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 491.6% during the 1st quarter. Modern Wealth Management LLC now owns 697,173 shares of the company’s stock worth $63,952,000 after acquiring an additional 579,318 shares in the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Performance

NYSEARCA:BIL opened at $91.47 on Friday. The firm has a 50-day simple moving average of $91.62 and a 200-day simple moving average of $91.60. SPDR Bloomberg 1-3 Month T-Bill ETF has a one year low of $91.29 and a one year high of $91.80.

SPDR Bloomberg 1-3 Month T-Bill ETF Profile

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is managed by State Street.