SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Stock: GK Wealth Management LLC Reduces Position

GK Wealth Management LLC decreased its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 27.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,908 shares of the company’s stock after selling 12,998 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF comprises 1.7% of GK Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. GK Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,199,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Assetmark Inc. boosted its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 290.8% during the first quarter. Assetmark Inc. now owns 5,707,321 shares of the company’s stock worth $523,019,000 after buying an additional 4,246,874 shares during the period. Corient Private Wealth LLC raised its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 2,258.6% during the 4th quarter. Corient Private Wealth LLC now owns 4,261,682 shares of the company’s stock valued at $389,433,000 after acquiring an additional 4,080,998 shares during the last quarter. Bank of America Corp DE lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.8% during the 1st quarter. Bank of America Corp DE now owns 18,872,546 shares of the company’s stock worth $1,729,480,000 after acquiring an additional 2,438,044 shares during the period. Counterpoint Mutual Funds LLC acquired a new stake in SPDR Bloomberg 1-3 Month T-Bill ETF during the 1st quarter worth approximately $202,198,000. Finally, Cetera Investment Advisers grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% in the 1st quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock valued at $398,538,000 after purchasing an additional 1,487,570 shares during the last quarter.

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

NYSEARCA:BIL traded up $0.04 during midday trading on Friday, reaching $91.51. The stock had a trading volume of 5,994,803 shares, compared to its average volume of 10,401,744. The firm has a fifty day simple moving average of $91.52 and a two-hundred day simple moving average of $91.53. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.77.

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.