IMA Advisory Services Inc. Has $4.22 Million Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

IMA Advisory Services Inc. cut its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 10.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 46,150 shares of the company’s stock after selling 5,500 shares during the quarter. IMA Advisory Services Inc.’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $4,217,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of BIL. Spire Wealth Management increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 301.1% during the fourth quarter. Spire Wealth Management now owns 55,293 shares of the company’s stock valued at $5,053,000 after buying an additional 41,506 shares during the last quarter. AllGen Financial Advisors Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 20.3% during the fourth quarter. AllGen Financial Advisors Inc. now owns 135,282 shares of the company’s stock valued at $12,362,000 after buying an additional 22,838 shares during the last quarter. 12th Street Asset Management Company LLC increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 19.5% during the third quarter. 12th Street Asset Management Company LLC now owns 594,971 shares of the company’s stock valued at $54,589,000 after buying an additional 97,245 shares during the last quarter. Fortis Capital Management LLC increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 19.9% during the third quarter. Fortis Capital Management LLC now owns 57,433 shares of the company’s stock valued at $5,269,000 after buying an additional 9,536 shares during the last quarter. Finally, Culbertson A N & Co. Inc. increased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 56.0% during the fourth quarter. Culbertson A N & Co. Inc. now owns 37,057 shares of the company’s stock valued at $3,386,000 after buying an additional 13,307 shares during the last quarter.

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

Shares of BIL stock opened at $91.45 on Monday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12 month low of $91.26 and a 12 month high of $91.78. The company has a 50 day simple moving average of $91.53 and a two-hundred day simple moving average of $91.51.

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.