Palladiem LLC Takes $6.03 Million Position in SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Palladiem LLC purchased a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 66,021 shares of the company’s stock, valued at approximately $6,033,000. SPDR Bloomberg 1-3 Month T-Bill ETF accounts for about 5.7% of Palladiem LLC’s investment portfolio, making the stock its 7th biggest position.

Other hedge funds also recently modified their holdings of the company. Atlantic Union Bankshares Corp increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 77.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 272 shares of the company’s stock valued at $25,000 after purchasing an additional 119 shares during the period. Westwind Capital acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 4th quarter valued at $28,000. Imprint Wealth LLC acquired a new position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the 3rd quarter valued at $44,000. Fifth Third Bancorp increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 2,239.1% during the 3rd quarter. Fifth Third Bancorp now owns 538 shares of the company’s stock valued at $49,000 after purchasing an additional 515 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 26.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 551 shares of the company’s stock valued at $50,000 after purchasing an additional 116 shares during the period.

SPDR Bloomberg 1-3 Month T-Bill ETF Trading Up 0.0%

Shares of BIL stock opened at $91.45 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 business’s fifty day moving average is $91.53 and its 200-day moving average is $91.51.

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.