Truist Financial Corp Trims Stake in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Truist Financial Corp lowered its position in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 67.9% in the 4th quarter, Holdings Channel reports. The fund owned 907,445 shares of the company’s stock after selling 1,918,167 shares during the quarter. Truist Financial Corp’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $82,922,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of BIL. Ashton Thomas Securities LLC bought a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter valued at approximately $25,000. Atlantic Union Bankshares Corp raised its stake 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 worth $25,000 after purchasing an additional 119 shares during the last quarter. Westwind Capital bought a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter worth about $28,000. City Holding Co. raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 675.0% in the 3rd quarter. City Holding Co. now owns 310 shares of the company’s stock worth $28,000 after buying an additional 270 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 46.7% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 396 shares of the company’s stock worth $36,000 after buying an additional 126 shares during the last quarter.

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

Shares of NYSEARCA BIL opened at $91.42 on Tuesday. The firm’s 50-day moving average price is $91.53 and its 200-day moving average price is $91.53. 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.