Maridea Wealth Management LLC Grows Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Maridea Wealth Management LLC raised its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 392.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 201,856 shares of the company’s stock after purchasing an additional 160,876 shares during the quarter. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 2.9% of Maridea Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Maridea Wealth Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $18,498,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Captrust Financial Advisors boosted its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% during the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after purchasing an additional 2,487,366 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock valued at $1,630,591,000 after purchasing an additional 2,270,073 shares in the last quarter. Synergy Asset Management LLC boosted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 194.7% during the third quarter. Synergy Asset Management LLC now owns 1,879,535 shares of the company’s stock valued at $172,422,000 after buying an additional 1,241,735 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% during the 2nd quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock valued at $370,693,000 after acquiring an additional 1,153,335 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 85.6% in the second quarter. AQR Capital Management LLC now owns 2,209,801 shares of the company’s stock worth $202,705,000 after acquiring an additional 1,019,145 shares during the period.

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

Shares of SPDR Bloomberg 1-3 Month T-Bill ETF stock opened at $91.52 on Wednesday. SPDR Bloomberg 1-3 Month T-Bill ETF has a twelve month low of $91.26 and a twelve month high of $91.78. The company’s 50 day moving average is $91.47 and its 200 day moving average is $91.56.

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.