SPDR Bloomberg 1-3 Month T-Bill ETF $BIL Shares Sold by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC lowered its holdings in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 47.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,202 shares of the company’s stock after selling 10,957 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $1,115,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BIL. The Manufacturers Life Insurance Company acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth about $2,407,000. Main Street Financial Solutions LLC raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 67.9% during the second quarter. Main Street Financial Solutions LLC now owns 10,333 shares of the company’s stock worth $948,000 after acquiring an additional 4,179 shares during the last quarter. Quantinno Capital Management LP raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 816.1% during the second quarter. Quantinno Capital Management LP now owns 135,311 shares of the company’s stock worth $12,412,000 after acquiring an additional 120,540 shares during the last quarter. Karpus Management Inc. raised its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 11.7% during the second quarter. Karpus Management Inc. now owns 7,290 shares of the company’s stock worth $669,000 after acquiring an additional 765 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth about $123,000.

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

Shares of BIL opened at $91.61 on Wednesday. The company has a 50-day moving average of $91.53 and a two-hundred day moving average of $91.52. SPDR Bloomberg 1-3 Month T-Bill ETF has a 12-month low of $91.26 and a 12-month high of $91.78.

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.