Founders Financial Securities LLC reduced its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report) by 74.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 42,811 shares of the company’s stock after selling 124,605 shares during the period. Founders Financial Securities LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,923,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of BIL. Bank of America Corp DE grew its stake in shares of 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 valued at $1,729,480,000 after buying an additional 2,438,044 shares during the period. Assetmark Inc. grew its position in 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 valued at $523,019,000 after acquiring an additional 4,246,874 shares during the period. Cetera Investment Advisers increased its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 52.0% during the first quarter. Cetera Investment Advisers now owns 4,348,951 shares of the company’s stock worth $398,538,000 after acquiring an additional 1,487,570 shares during the last quarter. USA Financial Formulas acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at about $300,320,000. Finally, Counterpoint Mutual Funds LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF in the 3rd quarter valued at about $294,583,000.
SPDR Bloomberg 1-3 Month T-Bill ETF Price Performance
Shares of BIL stock opened at $91.67 on Friday. The company’s fifty day simple moving average is $91.55 and its 200-day simple moving average 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 $91.77.
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.
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Want to see what other hedge funds are holding BIL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL – Free Report).
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