Sierra Legacy Group Cuts Holdings in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Sierra Legacy Group lessened its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 30.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 38,905 shares of the company’s stock after selling 17,400 shares during the period. SPDR Bloomberg 1-3 Month T-Bill ETF comprises approximately 2.6% of Sierra Legacy Group’s portfolio, making the stock its 8th largest holding. Sierra Legacy Group’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $3,555,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cornerstone Investment Partners LLC boosted its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 0.3% in the third quarter. Cornerstone Investment Partners LLC now owns 36,329 shares of the company’s stock valued at $3,333,000 after acquiring an additional 115 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock worth $50,000 after purchasing an additional 116 shares in the last quarter. Tower Wealth Partners Inc. raised its holdings in SPDR Bloomberg 1-3 Month T-Bill ETF by 2.5% in the 4th quarter. Tower Wealth Partners Inc. now owns 4,841 shares of the company’s stock worth $442,000 after purchasing an additional 117 shares in the last quarter. Verity Asset Management Inc. lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 5.0% in the 3rd quarter. Verity Asset Management Inc. now owns 2,459 shares of the company’s stock worth $226,000 after purchasing an additional 117 shares during the period. Finally, Atlantic Union Bankshares Corp lifted its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock worth $25,000 after purchasing an additional 119 shares during the period.

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

Shares of BIL opened at $91.42 on Friday. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78. The firm’s 50-day moving average price is $91.51 and its 200-day moving average price is $91.54.

SPDR Bloomberg 1-3 Month T-Bill ETF 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.