Parallel Advisors LLC Grows Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Parallel Advisors LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 79.3% in the first quarter, HoldingsChannel.com reports. The fund owned 20,701 shares of the company’s stock after purchasing an additional 9,158 shares during the quarter. Parallel Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,897,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BIL. Westwind Capital acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF in the 4th quarter valued at about $28,000. Quarry LP acquired a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter worth about $36,000. Networth Advisors LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the first quarter worth about $38,000. Imprint Wealth LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the third quarter worth about $44,000. Finally, Allspring Global Investments Holdings LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock valued at $50,000 after buying an additional 116 shares during the last quarter.

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

Shares of BIL opened at $91.56 on Wednesday. The company’s 50 day simple moving average is $91.52 and its 200 day simple moving average is $91.51. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1 year low of $91.26 and a 1 year high of $91.78.

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.