JPMorgan Chase & Co. Reduces Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

JPMorgan Chase & Co. reduced its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 58.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 201,312 shares of the company’s stock after selling 282,900 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $18,470,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cornerstone Investment Partners LLC lifted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% during the third quarter. Cornerstone Investment Partners LLC now owns 36,329 shares of the company’s stock worth $3,333,000 after buying an additional 115 shares during the period. Verity Asset Management Inc. increased its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% in the 3rd quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock valued at $226,000 after acquiring an additional 117 shares during the period. Atlantic Union Bankshares Corp raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock worth $25,000 after acquiring an additional 119 shares in the last quarter. Premier Path Wealth Partners LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 3.2% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 3,987 shares of the company’s stock worth $366,000 after acquiring an additional 124 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock worth $36,000 after purchasing an additional 126 shares during the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Stock Down 0.0%

Shares of BIL stock opened at $91.58 on Thursday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78. The stock’s 50-day moving average is $91.51 and its 200 day moving average is $91.54.

SPDR Bloomberg 1-3 Month T-Bill ETF Company 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.