SPDR Bloomberg 1-3 Month T-Bill ETF $BIL is Synergy Asset Management LLC’s 3rd Largest Position

Synergy Asset Management LLC lessened its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 69.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 576,488 shares of the company’s stock after selling 1,303,047 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 5.5% of Synergy Asset Management LLC’s holdings, making the stock its 3rd largest position. Synergy Asset Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $52,679,000 as of its most recent SEC filing.

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

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

BIL opened at $91.60 on Friday. The stock’s fifty day moving average is $91.52 and its two-hundred day moving average is $91.54. SPDR Bloomberg 1-3 Month T-Bill ETF has a 52 week low of $91.26 and a 52 week high of $91.78.

About SPDR Bloomberg 1-3 Month T-Bill ETF

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.